Shares of Inox Leisure, PVR zoom on Maharashtra cinema reopening announcement

PTIUpdated: Monday, September 27, 2021, 11:58 AM IST
article-image
Inox Leisure shares jumped up to 18 per cent after the announcement that cinema halls in Maharashtra will be permitted to operate from October 22 |

Shares of multiplex operators on Monday were in heavy demand, with Inox Leisure jumping up to 18 per cent after the announcement that cinema halls in Maharashtra will be permitted to operate from October 22.

Maharashtra Chief Minister Uddhav Thackeray on Saturday said cinema halls and drama theatres in the state will be permitted to operate from October 22 on the condition that they follow all the protocols required to prevent the spread of coronavirus.

Shares of INOX Leisure zoomed 17.83 per cent to their one-year high of Rs 412.20 on BSE.

PVR gained 9.99 per cent to its 52-week high of Rs 1,662.20.

The state government will soon issue the standard operating procedure (SOPs) in this regard, he had said.

(To receive our E-paper on whatsapp daily, please click here. To receive it on Telegram, please click here. We permit sharing of the paper's PDF on WhatsApp and other social media platforms.)

RECENT STORIES

Guidelines to keep in mind while determining the amount of stamp duty

Guidelines to keep in mind while determining the amount of stamp duty

Make your dream home a reality with Mohan Precious Greens

Make your dream home a reality with Mohan Precious Greens

Why the Indian government needs to amp up its efforts in the housing sector

Why the Indian government needs to amp up its efforts in the housing sector

Residents share their experience of living in the peripheral suburbs of MMR

Residents share their experience of living in the peripheral suburbs of MMR

Here's why central railway line locations are the new favourite for first-time home buyers

Here's why central railway line locations are the new favourite for first-time home buyers