Weekly Fundamental Podcast by Rini Mehta | 1st Oct 2023

- Both Nifty and Sensex were flat- BSE Midcap Index gained around 0.9% while BSE SmallCap Index gained 1.97%- Flls continue to be a net cash seller to the tune of Rs. 25,006 crores, to date in Sep'23- FPI flows are expected to remain volatile- PICK OF THE WEEK – PVR - TARGET - Rs 1850- We expect PVR INOX's occupancy to settle at 29-30% (earlier estimate: 28-29%) versus 25.2%/31-32% in FY2023E/pre-pandemic- We raise Fy2024-26 EBITDA estimates by 5-24% and FV to Rs1,850 (Rs1,600 earlier), valuing PVR INOX at 12.5X EV/EBITDA versus 11.5X earlier#KotakSecurities #WeeklyFundamentalInsights #WeeklyOutlook #StockMarket #StockMarketIndia #Stocks #Trading #Investing #PVR