PVR INOX share price witnessed mild bullish breakout in the afternoon session. PVR Inox stock was trading at Rs 1,512, up by 2.15 percent at the time of publication of this report.

ICICI Securities has reiterated its BUY rating for PVR Inox, with a target price of Rs 2,250, reflecting a 39% upside from the current market price of Rs 1,621.

Emkay Global Research has issued a BUY recommendation for PVR Inox with a target price of Rs 1,850.

PVR Inox share price jumped as the company could showcase strong performance, as per a report published by research house Anand Rathi.