Inox Leisure, PVR trade firm as cinema halls to operate at higher capacity

The Ministry of Home Affairs, on Wednesday, allowed cinema halls and theatres to operate with more people, and it will issue revised SoP for the same

Share of multiplex operators PVR and Inox Leisure gained up to 4 per cent  on the BSE on Thursday in an otherwise weak market after the government allowed cinema halls, which are operating at 50 per cent limit to occupancy, to operate at higher occupancy.

The Ministry of Home Affairs (MHA), on Wednesday, allowed cinema halls and theatres to operate with more people, and it will issue revised SoP for the same. The new guidelines regarding Covid-19 protocols will be effective from February 1 onwards.

Following the news, the stock of Inox Leisure was up 4 per cent