Inox Leisure, PVR extend gain as TN state allows 100% capacity in cinemas

Inox Leisure and PVR were trading higher for the fifth straight trading day, gaining 21 per cent and 13 per cent, respectively, during the period

Shares of multiplex operators, Inox Leisure and PVR, surged up to 8 per cent on the BSE on Wednesday after the Tamil Nadu government allowed movie theatres to operate at 100 per cent capacity in the state.

Among individual stocks, Inox Leisure rallied 8 per cent to Rs 341, while PVR was up 3 per cent at Rs 1,459 on the BSE. In comparison, the S&P BSE Sensex was up marginally by 0.04 per cent at 48,455 points. These stocks were trading higher for the fifth straight trading day, gaining 21 per cent and 13 per cent, respectively, during the