The company is also a fast-food giant now. It clocked Rs 1,500 crore in F&B sales last year. For context, Westlife Foodworld, which operates McDonalds in North and West, clocked about Rs 2,000 crore annual revenue. Brokerages say box office, F&B sales and advertisement will drive revenue synergies
Emkay Global Financial is bullish on Inox Leisure has recommended buy rating on the stock with a target price of Rs 610 in its research report dated January 30, 2023.
Prabhudas Lilladher is bullish on Inox Leisure has recommended buy rating on the stock with a target price of Rs 587 in its research report dated January 31, 2023.
ICICI Direct is bullish on Inox Leisure recommended buy rating on the stock with a target price of Rs 620 in its research report dated January 31, 2023.
The much-awaited action-thriller Pathaan has crossed 1 million tickets in advance sales on BookMyShow already
In the truncated week beginning today, the index may march towards its last week's high of 18,178, followed by 18,350 (the high of 2022). If the index manages to sustain these levels, then a record high of 18,604 can't be ruled out with strong support at 18,000-17,900 levels
ICICI Direct is bullish on Inox Leisure recommended buy rating on the stock with a target price of Rs 675 in its research report dated October 20, 2022.
Sharekhan is bullish on Inox Leisure has recommended buy rating on the stock with a target price of Rs 620 in its research report dated October 19, 2022.
Prabhudas Lilladher is bullish on Inox Leisure has recommended buy rating on the stock with a target price of Rs 652 in its research report dated October 19, 2022.
Things will look up for multiplex operators only after Q2FY24, believes Karan Taurani of Elara Securities
The company, which was operating 692 screens in 73 cities across India as on June 30, 2022, estimates the total screen count to go up to 752 by the end of ongoing fiscal year.
ICICI Direct is bullish on Inox Leisure has recommended buy rating on the stock with a target price of Rs 720 in its research report dated August 04, 2022.
Prabhudas Lilladher is bullish on Inox Leisure has recommended buy rating on the stock with a target price of Rs 699 in its research report dated August 03, 2022.
Sharekhan is bullish on Inox Leisure has recommended buy rating on the stock with a target price of Rs 700 in its research report dated August 03, 2022.
While INOX saw uptick in footfalls in Q1 FY23, multiplex operator PVR saw a dip in admits. However, both the multiplexes saw drop in occupancy versus pre-COVID levels.
Hem Securities is bullish on Inox Leisure has recommended buy rating on the stock with a target price of Rs 600 in its research report dated May 27, 2022.
The broader market has started to show some encouraging signs, with the Nifty Midcap 100 and Smallcap 100 indices rising 3 percent and 4 percent. This should do extremely well if the market remains above the psychological support of 16,000
ICICI Direct is bullish on Inox Leisure has recommended buy rating on the stock with a target price of Rs 670 in its research report dated May 04, 2022.
Emkay Global Financial is bullish on Inox Leisure has recommended buy rating on the stock with a target price of Rs 640 in its research report dated May 03, 2022.