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Buy INOX Leisure; target of Rs 270: Sharekhan

Sharekhan is bullish on INOX Leisure has recommended buy rating on the stock with a target price of Rs 270 in its research report dated December 26, 2018.

December 27, 2018 / 03:52 PM IST
 
 
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Sharekhan's research report on INOX Leisure


Reduction of GST would provide the flexibility to the exhibitors to take higher annual ticket price hikes. During Q3FY19E, ILL is expected to deliver strong revenue growth of 15% y-o-y, led by higher footfalls and anticipated healthy growth in advertisement revenues.


Outlook


We retain our Buy rating on INOX Leisure Ltd (ILL) with an unchanged PT of Rs 270.


For all recommendations report, click here


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first published: Dec 27, 2018 03:52 pm

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