JM Financial recommends buying PVR INOX shares

JM Financial recommends buying shares of PVR INOX with a target price of Rs 1,610, up from the current price of Rs 925. The recommendation is based on the company's strong box office performance and a promising movie lineup. PVR INOX reported a total income of Rs 1,759.10 crore for the quarter ending December 2024, showing growth from previous quarters. The company has a market cap of Rs 9,069.26 crore and operates in the Media & Entertainment sector. The firm has seen an increase in box office collections and expects continued growth due to a strong pipeline of films. Analysts believe the current valuation is reasonable, supporting the buy recommendation.