Inox Leisure rose 0.73% to Rs 240.20 at 12:20 IST on BSE after the company said it has commenced the commerical operations of a multiplex cinema theatre in Meerut.
The announcement was made during market hours today, 31 December 2015.
Meanwhile, the S&P BSE Sensex was up 32.91 points or 0.13% at 25,992.94.
On BSE, so far 32,000 shares were traded in the counter as against average daily volume of 64,741 shares in the past one quarter.
The stock was volatile. The stock rose as much as 1.97% at the day's high of Rs 243.15 so far during the day. The stock fell as much as 0.81% at the day's low of Rs 236.50 so far during the day. The stock had hit a record high of Rs 276.30 on 23 October 2015. The stock had hit a 52-week low of Rs 145 on 14 May 2015.
The stock had underperformed the market over the past one month till 30 December 2015, sliding 2.15% compared with Sensex's 0.71% fall. The scrip had, however, outperformed the market in past one quarter, advancing 4.58% as against Sensex's 0.74% fall.
The small-cap company has equity capital of Rs 96.46 crore. Face value per share is Rs 10.
Inox Leisure has commenced the commercial operations of a multiplex cinema theatre, taken on lease basis, and located at PVS Mall in Meerut with effect from 31 December 2015. This multiplex cinema theatre has 3 screens and 1,012 seats.
On consolidated basis, Inox Leisure's net profit spurted 292.2% to Rs 20.51 crore on 34.2% growth in net sales to Rs 340.71 crore in Q2 September 2015 over Q2 September 2014.
Inox along with Satyam Cineplexes, is now present in 56 cities with 104 multiplexes, 407 screens and a total seating capacity of 1.06 lakh seats across India.
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