Inox Leisure is currently trading at Rs. 266.85, up by 5.15 points or 1.97% from its previous closing of Rs. 261.70 on the BSE.
The scrip opened at Rs. 261.70 and has touched a high and low of Rs. 266.85 and Rs. 259.85 respectively. So far 4065 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 326.00 on 08-Feb-2018 and a 52 week low of Rs. 213.30 on 25-Sep-2017.
Last one week high and low of the scrip stood at Rs. 266.85 and Rs. 254.00 respectively. The current market cap of the company is Rs. 2563.85 crore.
The promoters holding in the company stood at 48.70%, while Institutions and Non-Institutions held 35.54% and 15.77% respectively.
INOX Leisure is reportedly planning to incur a capital expenditure (capex) of Rs 1,500 crore for expansion. The company will invest the same through internal accruals, as there is enough cash already in the group to fund the expansion.
The company is leading the market in new signings in the past three years and currently it has almost 500 screens operational and another 700 signed.
INOX Leisure is amongst India’s largest multiplex chains.
