Inox Leisure surges on launching Megaplex in Mumbai

Inox Leisure is currently trading at Rs. 337.80, up by 9.00 points or 2.74% from its previous closing of Rs. 328.80 on the BSE.

The scrip opened at Rs. 335.00 and has touched a high and low of Rs. 339.55 and Rs. 332.30 respectively. So far 3694 shares were traded on the counter.

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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. 200.10 on 26-Oct-2018.

Last one week high and low of the scrip stood at Rs. 341.40 and Rs. 323.75 respectively. The current market cap of the company is Rs. 3463.73 crore.

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

INOX Leisure has launched Megaplex in Mumbai. Spread over a 60,000 square feet area, the INOX Megaplex houses 11 screens, five grand lobbies and 1,586 seats. There are six experiential cinema formats under one roof.

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INOX Leisure is amongst India’s largest multiplex chains.