Buy PVR, price target Rs 1900: Shubham Aggarwal

Shubham Aggarwal of Quantsapp Advisory has a buy call on PVR Ltd. with a target price of Rs 1900. The current price of PVR Ltd. is Rs 1867.25. Shubham Aggarwal recommended to keep a stop loss at Rs 1780.

PVR Ltd., incorporated in the year 1995, is a Mid Cap company (having a market cap of Rs 9863.21 Crore) operating in Media & Entertainment sector.

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 30-09-2019, the company has reported a Consolidated sales of Rs 973.18 Crore, up 10.54 % from last quarter sales of Rs 880.39 Crore and up 37.35 % from last year same quarter sales of Rs 708.55 Crore. Company has reported net profit after tax of Rs 47.83 Crore in latest quarter.