PVRINOX - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.8
| Stock Code | PVRINOX | Market Cap | 10,085 Cr. | Current Price | 1,025 ₹ | High / Low | 1,250 ₹ |
| Stock P/E | 178 | Book Value | 725 ₹ | Dividend Yield | 0.00 % | ROCE | 2.47 % |
| ROE | -4.60 % | Face Value | 10.0 ₹ | DMA 50 | 1,022 ₹ | DMA 200 | 1,065 ₹ |
| Chg in FII Hold | -0.64 % | Chg in DII Hold | -0.84 % | PAT Qtr | 127 Cr. | PAT Prev Qtr | 104 Cr. |
| RSI | 50.7 | MACD | -5.69 | Volume | 3,95,189 | Avg Vol 1Wk | 4,24,964 |
| Low price | 826 ₹ | High price | 1,250 ₹ | PEG Ratio | 17.8 | Debt to equity | 1.04 |
| 52w Index | 47.0 % | Qtr Profit Var | 267 % | EPS | 2.54 ₹ | Industry PE | 117 |
📊 Chart & Trend Analysis: PVRINOX is trading at ₹1,025, near its 50 DMA (₹1,022) but below its 200 DMA (₹1,065), reflecting short-term stability but medium-term weakness. RSI at 50.7 indicates neutral momentum. MACD at -5.69 confirms mild bearish divergence. Bollinger Bands show price stabilizing near mid-range, with support around ₹1,000 and resistance near ₹1,080–₹1,120.
📈 Momentum & Volume: Current volume (3,95,189) is slightly below the 1-week average (4,24,964), showing reduced participation. Momentum signals remain weak, with no strong breakout confirmation.
🔑 Entry & Exit Zones:
- Optimal Entry: ₹1,000–₹1,030 (near support)
- Resistance Levels: ₹1,080 (short-term), ₹1,120 (medium-term)
- Exit Zone: ₹1,070–₹1,110 if momentum improves
📌 Trend Status: The stock is currently consolidating with bearish bias, struggling to hold above resistance zones.
Positive
- Quarterly PAT improved to ₹127 Cr. vs ₹104 Cr. previously (+267%).
- Book value of ₹725 provides margin of safety relative to current price.
- EPS of ₹2.54 shows profitability returning after losses.
Limitation
- High P/E ratio (178) compared to industry PE (117), indicating overvaluation.
- ROCE (2.47%) and ROE (-4.60%) remain weak, reflecting poor efficiency.
- Debt-to-equity ratio of 1.04 increases financial risk.
Company Negative News
- FII holding decreased (-0.64%) and DII holding decreased (-0.84%), showing reduced institutional confidence.
- High leverage and weak ROE continue to weigh on fundamentals.
Company Positive News
- Quarterly profit growth (+267%) shows operational improvement.
- EPS turned positive, signaling recovery momentum.
Industry
- Industry PE at 117 is lower than PVRINOX’s PE of 178, suggesting peers may be more attractively valued.
- Entertainment and multiplex sector remains cyclical, influenced by movie releases, consumer spending, and urban demand recovery.
Conclusion
⚖️ PVRINOX shows improving profitability and operational recovery, but fundamentals remain weak with high debt and overvaluation. Technicals suggest consolidation with bearish bias. A cautious entry around ₹1,000–₹1,030 may be considered with exit targets near ₹1,070–₹1,110 if momentum strengthens. Long-term investors should monitor debt management, profitability consistency, and valuation relative to peers before committing heavily.
Would you like me to extend this into a peer benchmarking overlay comparing PVRINOX against multiplex peers like Inox Leisure, Cinepolis India, and Carnival Cinemas to highlight relative strength and margin-of-safety clarity?