INOX Leisure shares fall 13 percent


INOX Leisure shares fall 13 percent
Bangalore: INOX Leisure stock was among the top losers of the day after its price went down by 13 percent. The stock opened trade at 87 after which it went down to touch the intraday low of 73.80, before closing the day at 74.80, down 12.67 percent from its previous close of 85.65. During the day, 1,006,361 shares of INOX were traded in the market with the current P/E ratio of the stock at 19.74. The 52 week stock price chart is on the left. INOX Leisure India-based company, which operates in four segments: multiplexes, film distribution, film production and power. Multiplexes include operating and managing Multiplex Entertainment Centers. Film distribution business includes distribution of movies. Film production business includes production of movies. Power business includes generation of wind power. The company is a subsidiary of Gujarat Fluorochemicals. As of March 31, 2009, the company had 27 multiplexes and 97 screens in 20 cities across India. Out of the three analysts following the stock currently, the consensus recommendation is outperform, with two analysts suggesting an outperformer rating. Taurus Star Share Mutual Fund scheme holds the highest number of shares in the stock with 29,294 shares in its portfolio.