Inox Leisure Ltd.

NSE: INOXLEISUR | BSE: 532706 | ISIN: INE312H01016 | Industry: Specialty Retail
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Emkay
Footfalls declined by 1.1% yoy while for comparable properties it was down 3.4% yoy. of 55 screens for FY19. Ad growth is likely to continue in FY19 and we estimate 20% yoy increase in the same. Our estimates remain unchanged. PVR and Inox are likely to remain range bound till further clarity emerges on the recent F&B; issue. We believe, some changes would be recommended by government while form and intensity of the same lacks clarity. Till clarity emerges, we are cutting our target...
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