Buy PVR Ltd. target Rs 1575.0 : Manas Jaiswal
Buy PVR Ltd. at a price target of Rs 1575.0 and a stoploss at Rs 1500 from entry point.
Manas Jaiswal recommended to keep stoploss at Rs 1500
PVR Ltd., incorporated in the year 1995, is a Mid Cap company (having a market cap of Rs 6893.01 Crore) operating in Service sector.
PVR Ltd. key Products/Revenue Segments include Income From Films which contributed Rs 1125.64 Crore to Sales Value (56.22 % of Total Sales), Beverages & Food which contributed Rs 550.54 Crore to Sales Value (27.49 % of Total Sales), Income From Advertisement which contributed Rs 245.02 Crore to Sales Value (12.23 % of Total Sales), Fees & Other Charges which contributed Rs 58.15 Crore to Sales Value (2.90 % of Total Sales), Other Operating Revenue which contributed Rs 12.76 Crore to Sales Value (0.63 % of Total Sales) and Rent which contributed Rs 9.90 Crore to Sales Value (0.49 % of Total Sales)for the year ending 31-Mar-2017.
The company’s top management includes Mr.Ajay Bijli, Mr.Amit Burman, Mr.Sanjai Vohra, Mr.Sanjay Khanna, Mr.Sanjeev Kumar, Mr.Vikram Bakshi, Mr.Vishal Mahadevia, Ms.Renuka Ramnath. Company has S R Batliboi & Co. LLP as its auditoRs As on 31-12-2017, the company has a total of 46,738,588 shares outstanding.
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