Share of Inox Leisure hit a 52-week high of Rs 479.45, surging 8 per cent on the BSE in Friday’s intra-day trade, supported by heavy volumes. The stock has held its ground as pandemic-related restrictions eased and a robust content line-up, ready to be released over the next few months, improved business outlook.
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The stock of the multiplex operator surpassed its previous high of Rs 466.10, touched on November 8, 2021. The stock had hit a record high of Rs 510.80 on February 25, 2020. At 10:02 AM, Inox Leisure traded 6 per cent higher at Rs 469, as against a 0.09 per cent rise on the S&P BSE Sensex. Trading volumes at the counter were more-than-doubled with a combined 2.1 million equity shares having changed hands on the NSE and BSE in the first hour of trading.
