Inox Leisure stock soars 5% after commencing commercial operations of multiplex in Bhilwara, Rajasthan

INOX is now present in 69 cities with 155 Multiplexes, 654 screens and a total seating capacity of 148,646 seats across India.

Sep 20, 2021 01:09 IST India Infoline News Service

INOX Leisure
Inox Leisure stock was in a sharp rally on Monday after the company commenced commercial operations of a Multiplex Cinema Theatre situated in Bhilwara, Rajasthan. The operations began on September 18, 2021.

In its regulatory filing, Inox Leisure said that "we wish to inform you that the Company has commenced the Commercial Operations of a Multiplex Cinema Theatre taken on Leave and License basis, located at INOX Leisure Limited, Reliance Mall, 1st Floor, Suzuki Colony, Chittor Road, Bhilwara, Rajasthan - 311 001 with effect from Saturday, 18th September, 2021."

The said Multiplex Cinema Theatre has 3 screens and 625 seats.

INOX is now present in 69 cities with 155 Multiplexes, 654 screens and a total seating capacity of 148,646 seats across India.

At around 1.09 pm, Inox was trading at Rs321.60 per piece up 4.9% on Sensex. The stock has touched an intraday high and low of Rs331 per piece and Rs306.10 per piece respectively. 

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