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Inox Leisure debuts with over 50% premium

Written by: Staff

Mumbai, Feb 23 (UNI) Inox Leisure Ltd made an impressive debut on the stock markets today with more than 50 per cent premium.

Inox, which runs a chain of multiplexes, opened at Rs 185 per share against the fix issue price of Rs120 per share of Rs 10 value on the Bombay Stock Exchange (BSE).

The scrip touched a high of Rs 200 and a low of Rs 175 during the first hour of trading.

On BSE more than 73.28 lakh company shares changed hands.

On the National Stock Exchange, the scrip opened at Rs 172 and touched a high of Rs 194.80 during the first hour and was trading at Rs 188.85 around 1105 hrs with a gain of 57 per cent or Rs 68.85.

The volume was big on NSE too with 1.15 crore shares worth Rs 213.14 crore traded so far.

Inox issue was oversubscribed 49 times.


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