On 2nd August we recommended Inox in the region of 53-51 & on further sharp decline indicating the levels. Inox hits low of 50.25 on 7th Aug from there it went on to hit 63.5 as of today delivering return of 22%. Finally closed at 61.3
Check the link@http://moneymystery.blogspot.in/2013/08/buy-inox-leisure.html
Check the link@http://moneymystery.blogspot.in/2013/08/buy-inox-leisure.html
These cos. basically make more money by selling expensive food to the viewers than showing you Blockbuster movies/cinemas. If you remove the earnings from food, its only RED.
ReplyDeleteFootfall depends on movie releases. And if the disposable income increases, then people will spend on Expensive food inside Inox. This case is strong in a healthy local environment like the one in 2007/8.
Ingredients for Inox doing well:
* Increase in Diposable Income
* Good realty market
* Performing stock market
* Blind movie watchers ( ready to pay 150 bucks for Bucket popcorn)