New Delhi, March 12 -- PVR Inox share price has been under strong pressure over the last year. As of 11 March close, the stock has plunged 32 per cent in the last one year. However, brokerage firm JM Financial is bullish about the stock and expects a 71 per cent upside in the stock in the next one year.

On Wednesday, March 12, PVR Inox share price fell over 3 per cent in intraday trade, extending losses to the fourth consecutive session. Shares of the company hit their 52-week high of Rs.1,748.25 on September 27 last year and have been on a downward trajectory since then. They hit their 52-week lows of Rs.871 on February 28 this year.

JM Financial has maintained a buy call on PVR Inox, pegging the target price at Rs.1,610. This implies ...