BSE Code: | NSE Code: | ISIN: | Sector:

NSE
1415.75
Change Change %
53.10 3.90%

Updated:23 Oct, 2017, 15:59 PM IST

BSE
1420.00
Change Change %
54.50 3.99%

Updated:23 Oct, 2017, 15:41 PM IST

Research Report Detail

Brokerage
Analyst
Report Date Call Price@Call Target Price
Stop Loss
Current Status Time Horizon
Edelweiss
N/A
07-09-2017 Buy 1323.30 1507.00
N/A
Open Long (1Y)
07-09-2018

Edelweiss maintains buy on PVR

PVR anticipates relatively better ad growth going ahead on strong content (stars-led movies like Secret Superstar); we peg FY18/19E ad growth at 18.0% each. Though LBT and rental cost (due to aggressive bidding, especially by Inox, our view: 8.0% YoY rise in rental cost in FY18 versus 5.0% YoY in previous years) will be key monitorables, the structural story (screen expansion) remains intact. Maintain 'BUY'.

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