Inox Leisure board meets to consider amalgamation

Inox Leisure has board meeting to consider amalgamation of Inox leisure & Fame India, reports CNBC-TV18.

INOX Leisure touched an intraday high of Rs 52.20 and an intraday low of Rs 51.05. At 09:25 hrs the share was quoting at Rs 51.10, up Rs 1.20, or 2.40%.
It was trading with volumes of 7,233 shares. In the previous trading session, the share closed down 1.48% or Rs 0.75 at Rs 49.90.

The company's trailing 12-month (TTM) EPS was at Rs 1.12 per share. (Mar, 2012). The stock's price-to-earnings (P/E) ratio was 45.71. The latest book value of the company is Rs 53.10 per share. At current value, the price-to-book value of the company was 0.96.

However, Fame India was quoting at Rs 47.40, up Rs 2.25, or 4.98%. There were pending buy orders of 784 shares, with no sellers available. It was trading with volumes of 1,928 shares.