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PVR, Inox Share Prices Settle At Record High As Cinema Halls Reopen in Maharashtra

Investors witnessed a big jump in the share prices of PVR Ltd and Inox Leisure after the Maharashtra government permitted the reopening of cinema halls for a limited crowd from November 5, 2020. PVR Ltd settled 9.52 per cent higher at ₹ 1220.95 apiece on the BSE whereas INOX Leisure Ltd settled 4.31 per cent higher at ₹ 275.75 apiece. During the day, PVR share price surged 9 per cent to ₹1,212.50 apiece while those of Inox Leisure jumped over 5.5 per cent to ₹ 279.40 apiece.The Maharashtra government has allowed cinema halls, multiplexes as well as drama theatres to operate with a 50 per cent seating capacity. 

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