Buy PVR, price target Rs 2,100: CK Narayan

INSUBCONTINENT EXCLUSIVE:
CK Narayan of Chart Advise has a buy call on PVR Ltd
with a target price of Rs 2100.0
The current price of PVR Ltd
is Rs 2072.7 Time period given by the analyst is Intra Day when PVR Ltd
price can reach defined target.CK Narayan recommended to keep a stoploss at Rs 2055
PVR Ltd., incorporated in 1995, has a market cap of Rs 10639.66 crore
PVR Ltd
key Products/Revenue Segments include Income From Films which contributed Rs 1508.81 Crore to Sales Value (54.93 % of Total Sales),
Beverages - Food which contributed Rs 757.02 Crore to Sales Value (27.56 % of Total Sales), Income From Advertisement which contributed Rs
329.02 Crore to Sales Value (11.97 % of Total Sales), Fees - Other Charges which contributed Rs 133.95 Crore to Sales Value (4.87 % of Total
Sales), Other Operating Revenue which contributed Rs 16.30 Crore to Sales Value (0.59 % of Total Sales) and Income from Films Production -
Distribution which contributed Rs 1.59 Crore to Sales Value (0.05 % of Total Sales)for the year ending 31-Mar-2019
For the quarter ended 31-12-2019, the company has reported a Consolidated sales of Rs 915.74 Crore, down -5.90 % from last quarter Sales of
Rs 973.18 Crore and up 8.61 % from last year same quarter Sales of Rs 843.11 Crore Company has reported net profit after tax of Rs 36.41
Crore in latest quarter
Mr.Vishal Mahadevia, Ms.Renuka Ramnath
Company has BSR - Co
LLP as its auditors As on 31-12-2019, the company has a total of 51,332,345 shares outstanding.