PVR Stock Broken More than 2 percent today due to Profit down 10 percent in 4rth FY 2019, Short Sell for Short term

NSE PVR Stock Broken more than 2 percent, at present PVR Stock is trading at 1715 with loss of 43.45 or 2.47. PVR stock was opened 1772 in previous session.

In the Fourth quarter of fiscal year 2019, PVR profits have gone down 10 percent to Rs 46.4 crore. In the third quarter of FY 2019, PVR profits were Rs 51.6 crores.

In the fourth quarter of fiscal year 2019, PVR Income has decreased 0.6 percent to Rs 837.6 crore. In the third quarter of FY2019, PVR income was Rs 843 crores.

On the quarterly basis, in the fourth quarter of FY 2019, PVR Ebitda has declined from Rs 164.3 crores to Rs 160.8 crores. At the quarter-on quarterly basis, in the fourth quarter of FY 2019, PVR Ebitda margin decreased from 19.5 percent to 19.2 percent.

@ Short term Investors can Sold NSE PVR Shares 500 to 1000 below 1747 for targets 1687, 1647 Stop Loss 1811. Hold it 8 to 10 days.

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