INOX Leisure gains after strong Q3 earnings

INOX Leisure rose 2.87% to Rs 181 at 15:19 IST on BSE after net profit rose 82.84% to Rs 11.83 crore on 27.06% increase in total income from operations to Rs 272.26 crore in Q3 December 2014 over Q3 December 2013.

The result was announced during trading hours today, 16 January 2015.

Meanwhile, the BSE Sensex was up 50.16 points, or 0.18%, to 28,125.71.

On BSE, so far 3.33 lakh shares were traded in the counter, compared with an average volume of 51,191 shares in the past one quarter.

The stock hit a high of Rs 192 and a low of Rs 176.20 so far during the day. The stock hit a 52-week high of Rs 197.30 on 21 November 2014. The stock hit a 52-week low of Rs 81.70 on 30 January 2014.

The stock had underperformed the market over the past one month till 15 January 2015, rising 2.74% compared with 2.77% rise in the Sensex. The scrip had, however, underperformed the market in past one quarter, rising 3.87% as against Sensex's 6.55% rise.

The small-cap company has an equity capital of Rs 96.46 crore. Face value per share is Rs 10.

INOX Leisure is engaged in the business of operating and managing multiplexes and cinema theatres.

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