PVR, Inox hit 52-week high as theatres to reopen in Maharashtra from Oct 22

Shares of multiplex operators PVR and Inox Leisure hit their respective 52-week highs and rallied up to 18 per cent on the BSE in intra-day trade on Monday after the Maharashtra government announced the opening of cinema halls and multiplexes in the state from October 22.

Among the individual stocks, Inox Leisure rallied 18 per cent to Rs 412.20, surpassing its previous 52-week high of Rs 384.10 registered on September 22, 2021. PVR surged 10 per cent to Rs 1,662 on the BSE in intra-day trade. The stock surpassed its previous high 1,631.85 hit on September 22.

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