After the recent success at the box office, domestic brokerage houses ICICI Securities and Prabhudas Lilladher have assigned “Buy” ratings on PVR Inox shares.
Sequentially, PVR INOX’s loss narrowed significantly from ₹334 crore in Q4FY23, led by a growth of 70% in quarter-on-quarter box office collections for Hollywood films.
The stock has fallen over 5% in two sessions after Prabhas-Kriti Sanon starrer highly anticipated film received disappointing reviews from critics and audiences.
