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INOX Leisure gains on signing agreement with IMAX Corporation

28 Aug 2019

INOX Leisure is currently trading at Rs. 270.30, up by 0.45 points or 0.17% from its previous closing of Rs. 269.85 on the BSE.

The scrip opened at Rs. 268.00 and has touched a high and low of Rs. 272.40 and Rs. 267.00 respectively. So far 1045 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 382.60 on 31-May-2019 and a 52 week low of Rs. 189.65 on 11-Oct-2018.

Last one week high and low of the scrip stood at Rs. 274.15 and Rs. 249.25 respectively. The current market cap of the company is Rs. 2780.25 crore.

The promoters holding in the company stood at 51.89%, while Institutions and Non-Institutions held 31.91% and 16.20% respectively.

INOX Leisure and IMAX Corporation have signed agreement to open two new IMAX theatres in India, expanding their partnership to 12 open or planned theatres nationwide. Both companies had first entered their fast-growing partnership in 2016. The new agreement highlights the rapid growth of IMAX in India, one of the company’s fastest-growing major markets.

INOX Leisure is amongst India’s largest multiplex chains.

Related Inox Leisure Ltd. Links:

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SEBI Registered: Investment Adviser - INA000013323