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The Economic Times
The Economic Times
Veer Sharma

PVR Inox shares slide 6% in two days despite strong Q4 earnings. Do Motilal Oswal, Nuvama see any upside?

PVR Inox Motilal Oswal Nuvama Elara Capital

Shares of PVR INOX fell 2.5% to the day’s low of Rs 1,000 on the BSE on Tuesday, even as the company returned to profitability in the March quarter, reporting a consolidated net profit of Rs 187 crore versus a loss of Rs 125 crore in the same period last year.

The multiplex operator said strong performance from blockbuster titles, including Dhurandhar – The Revenge, Border 2 and Project Hail Mary, supported the earnings recovery.

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