PVR Inox Share Price: Allu Arjun’s film Pushpa 2 is making records in the country and the world in terms of earnings. But the effect of this film being a hit can be seen not only at the box office but also on Dalal Street. Recently, Stree 2 has also made waves at the box office. In such a situation, brokerage house Ventura Securities believes that PVR Inox Limited (PVR Inox Limited) The stock can give bumper returns to investors.
PVR Inox stock will make investors rich
According to brokerage house Ventura Securities, PVR Inox stock can give 88 percent return to investors in the coming days. According to the brokerage house, the stock of PVR Inox can go up to Rs 2657. That means the stock has the potential to give 88.44 percent returns from its current level in the next 24 months.
Stock gave negative returns in 5 years
In the trading session of December 24, 2024, the stock of PVR Inox closed at Rs 1372 with a rise of 0.81 percent. The company’s stock has disappointed its shareholders in recent years. The stock has declined by about 17 percent in the year 2024. So in the last five years, PVR Inox stock has given negative returns to the shareholders. But Ventura Securities is very positive about PVR Inox. Promoter’s holding in PVR Inox is 27.49 percent. Whereas institutional investors hold 60.54 percent and public holding is 11.97 percent.
Multiplex company had to face crisis
Ventura Securities said in its report, to face the changed environment after Covid and the challenges being faced by OTT platforms, PVR Limited and Inox Leisure Limited were merged into PVR Inox. Went. Due to the content of films not meeting the taste of the audience, the occupancy in multiplexes has reached its historical low, which has affected the financial performance of the company. After this the company started the restructuring campaign. At present the screen count of the company is 1700, which can go up to 1900 by the financial year 2026-27, on which Rs 400-450 crore will be spent.
now good days are returning
The brokerage house said, content creators have started making films as per the audience’s taste and the recent success of Stree 2 and Pushpa 2 reflects this. In such a situation, the bad days of this entire sector are over and the good days are returning. This is the reason why Ventura Securities has advised investors to buy the stock of PVR Inox for big returns.
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