Inox leisure share price: Buy Inox Leisure, target price Rs 362: ICICI Securities

ICICI Securities has buy call on Inox Leisure with a target price of Rs 362. The current market price of is Rs 314.75. Time period given by analyst is one year when Inox Leisure Ltd. price can reach defined target.

Inox Leisure Ltd., incorporated in the year 1999, is a Mid Cap company (having a market cap of Rs 3851.85 Crore) operating in Media & Entertainment sector.

Financials
For the quarter ended 31-03-2021, the company reported a Consolidated Total Income of Rs 119.05 Crore, up 453.46 % from last quarter Total Income of Rs 21.51 Crore and down -68.37 % from last year same quarter Total Income of Rs 376.37 Crore. Company reported net profit after tax of Rs -93.69 Crore in latest quarter.


Promoter/FII Holdings
Promoters held 51.90 per cent stake in the company as of March 31, 2020, while FIIs held 12.2 per cent, DIIs 20.7 per cent and public and other 15.2 per cent.

(Disclaimer: Views and recommendations given in this section are the analysts’ own and do not represent those of ETMarkets.com. Please consult your financial adviser before taking any position in the stock/s mentioned.

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