PVR is opening 11 screen multiplex in Chennai .As you all can see the stock it at its support right now around 1500 so we can start taking entry from here.
Let us look at the fundamental of the stocks
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone PRODUCT SEGMENTS
Balance Sheet
Consolidated Figures in Rs. Crores / View StandaloneCORPORATE ACTIONS
| Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Sep 2022 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Share Capital + | 27 | 26 | 40 | 41 | 42 | 47 | 47 | 47 | 47 | 51 | 61 | 61 | 61 |
| Reserves | 314 | 257 | 603 | 358 | 368 | 835 | 918 | 1,029 | 1,449 | 1,429 | 1,773 | 1,309 | 1,318 |
| Borrowings + | 162 | 203 | 657 | 613 | 747 | 660 | 820 | 831 | 1,282 | 5,066 | 5,003 | 5,196 | 5,291 |
| Other Liabilities + | 153 | 126 | 287 | 340 | 273 | 356 | 440 | 442 | 1,062 | 881 | 665 | 757 | 646 |
| Total Liabilities | 656 | 613 | 1,586 | 1,352 | 1,429 | 1,897 | 2,225 | 2,348 | 3,840 | 7,428 | 7,502 | 7,323 | 7,316 |
| Fixed Assets + | 368 | 273 | 996 | 820 | 860 | 1,000 | 1,509 | 1,590 | 2,742 | 5,886 | 5,475 | 5,407 | 5,360 |
| CWIP | 58 | 88 | 145 | 107 | 80 | 76 | 106 | 102 | 221 | 155 | 217 | 64 | 104 |
| Investments | 1 | 1 | 38 | 24 | 2 | 2 | 2 | 21 | 11 | 2 | 1 | 0 | 0 |
| Other Assets + | 230 | 252 | 407 | 402 | 486 | 820 | 609 | 636 | 866 | 1,385 | 1,808 | 1,851 | 1,852 |
| Total Assets | 656 | 613 | 1,586 | 1,352 | 1,429 | 1,897 | 2,225 | 2,348 | 3,840 | 7,428 | 7,502 | 7,323 | 7,316 |
After analysis of this stock, we understand that the stock has been continuously falling from its all time high price. In any scenario, until this stock finds its rock hard support, we should not take an entry till then. Our recommended price to take entry in this PVR stock is Rs 1410. CMP of this stock is Rs 1506 a share.
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