INOX Leisure clocked 1.2% on the bourses

The company has commenced commercial operations of a new multiplex, secured on leave & license basis located in Mumbai, effective Nov 20.

INOX Leisure gained 1.2% to Rs.226.50 on BSE. The company has commenced commercial operations of a new multiplex cinema theatre, taken on leave & license basis located at R City Mall, Ghatkopar, Mumbai, effective November 20, 2015.The company said that the multiplex has 9 screens and 2109 seats.

INOX, along with Satyam Cineplexes Limited, is now present in 55 cities with 102 multiplexes, 402 screens, and a total seating capacity of 104,894 seats across India. The scrip opened at Rs. 224.95 and has touched a high and low of Rs. 227.55 and Rs. 224.05 respectively. 37042 (NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 2156.36 crore.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 276.3 on 23-Oct-2015 and a 52 week low of Rs. 145 on 14-May-2015. Last one week high and low of the scrip stood at Rs. 228.1 and Rs. 220.3 respectively.

The promoters holding in the company stood at 48.7 % while Institutions and Non-Institutions held 30.36 % and 20.94 % respectively.

The stock is currently trading above its 50 DMA.