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Inox Leisure rises on plan to invest Rs 320 crore to open 128 screens in next 3 years

25 Aug 2015 Evaluate

Inox Leisure is currently trading at Rs. 216.50, up by 1.10 points or 0.51% from its previous closing of Rs. 215.40 on the BSE.

The scrip opened at Rs. 215.40 and has touched a high and low of Rs. 225.00 and Rs. 199.50 respectively. So far 42451 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 269.60 on 19-Aug-2015 and a 52 week low of Rs. 145.00 on 14-May-2015.

Last one week high and low of the scrip stood at Rs. 269.60 and Rs. 199.50 respectively. The current market cap of the company is Rs. 2089.27 crore.

The promoters holding in the company stood at 48.70% while Institutions and Non-Institutions held 29.44% and 21.86% respectively.

In a bid to open 128 screens in the next two-three years, Inox Leisure is planning to invest up to Rs 320 crore. The company will also continue to scout for acquisitions, especially for regional players, to expand footprint across India.

The multiplex operator would spend between Rs 2-2.5 crore each to open new screens, with the cost depending on the location where the screen will come up.

 

Inox Leisure Share Price

507.90 0.00 (0.00%)
16-Feb-2023 18:03 View Price Chart
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