Motilal Oswal Analyst Predicts PVR Inox Shares Could Jump 15% Amid 'Dhurandhar' Success, Film Slate
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PVR Inox shares may see a 15% gain, says Motilal Oswal, driven by strong box office from 'Dhurandhar' and a promising lineup of upcoming film releases.
PVR Inox experienced a share price increase Tuesday, fueled by strong box office performance of 'Dhurandhar,' which boosted investor confidence in the cinema chain. Nandish Shah, an analyst at Motilal Oswal, projects a potential upside of 15% for the stock. Shah's optimism is based on an expected increase in occupancy rates and a solid pipeline of upcoming film releases. That said, the reality is a bit more complicated. the analyst also noted that the company's earnings remain susceptible to the quality of film content and overall cinema foot traffic.