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Last Updated : May 14, 2019 03:19 PM IST | Source:

Buy Inox Leisure; target of Rs 375: Sharekhan

Sharekhan is bullish on Inox Leisure has recommended buy rating on the stock with a target price of Rs 375 in its research report dated May 13, 2019.

Broker Research @moneycontrolcom
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Sharekhan's research report on Inox Leisure

ILL reported the strongest ever revenue growth in Q4FY2019 defying seasonal weakness, led by 43% growth in footfalls and solid execution in key metrics. Strong operating cash along with strong balance sheet (net debt free status) would help the company to add screens at a faster pace. Focus on execution and improving portfolio premiumisation would drive the ad and F&B growth going ahead.


We retain our Buy rating on the stock of INOX Leisure Limited (ILL) with a PT of Rs 375 given its improving footfalls monetisation.

For all recommendations report, click here

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First Published on May 14, 2019 03:19 pm
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