Multiplexes and cinema operator Inox Leisure Ltd shares today gained 1.6 per cent on buying by funds for second consecutive session.

According to BSE data, Macquarie Asia New Stars Fund had bought 592,392 shares on Friday.

Goldman Sachs India Fund had bought 1.1 million shares on March 12.

Norges Bank on account of Government Pension Fund Global had bought 1.25 mln shares on March 12.

The stock trades 28.1 times of one-year forward earnings vs 28.7 times of bigger rival PVR, says Thomson Reuters data.