India, Oct. 7 -- This Small-Cap Stock, engaged in operating multiplex cinemas, film exhibition, entertainment, food and beverage services, and providing premium movie-viewing experiences across India and select international markets, is in focus after CLSA gave an Outperform target of Rs. 2,135, which has an upside potential of 70.62 percent.

With a market capitalization of Rs. 13,167.14 crores, the share of PVR Inox Limited has reached an intraday high of Rs. 1,373.30 per equity share, rising nearly 9.75 percent from its previous day's closing price of Rs. 1,251.35. Since then, the stock has retreated and is currently trading at Rs. 1,340.85 per equity share.

Reason Behind the Surge CLSA, a prominent brokerage firm, has recommended an...