The stock market has been under pressure for the past few days. However, even amid this ongoing decline in the market, analysts believe that the signs of the domestic economy are strong for the long term and in such a situation, for those investors who want to invest in India for the long term, this decline is also creating investment opportunities. One such stock is PVR Inox. Brokerage firm Ventura Securities has estimated that the stock can grow more than 90 percent from the current levels in the next 2 years. That is, the stock can almost double in just 2 years. In Tuesday's trading, the stock closed above the level of 1373 with a gain of about one percent.

What is the brokerage's opinion?

The brokerage house started coverage on the stock with a buy recommendation and has given a target of 2657 for the stock with a 2-year perspective. The stock is expected to rise by 93.5 percent as compared to Tuesday's closing level. According to the brokerage house, with the success of two films Stree-2 and Pushpa-2 this year, the bad phase for the sector is over. According to the brokerage house, the company has changed its business model; the new model will help in increasing the company's profits. Ventura estimates that the number of screens of the company can increase to 1900 by the year 2027. Ventura has written in his note that despite the possibility of limited growth in occupancy and food and beverages business, he expects that revenue growth can grow at a compound annual growth rate of 10.5 percent. Out of 23 analysts covering PVR Inox, 17 have advised buy, 4 have advised hold. Whereas 2 have given sell advice. How was the stock performance? PVR Inox stock closed at 1371 on Tuesday with a gain of 0.7%. The highest level of the stock in the year was 1748 which was recorded on 27 September this year. The lowest level of the stock in the year was recorded on 4 June which was at 1204. A year ago the stock was above 1650 level. That is, the stock has registered a decline of 17% in one year.