PVR, Inox Leisure gain as cinema halls to reopen in West Bengal from Oct 1

Cinema halls have remained shut since the nationwide coronavirus lockdown began in late March.

Shares of multiplex companies, PVR and Inox Leisure, were trading firm in the morning deals on Monday as West Bengal Chief Minister Mamata Banerjee said on Saturday that cinema halls and open-air theatres will be allowed to operate in the state from October 1 with a limited number of participants. 

"To return to normalcy, Jatras, Plays, OATs, Cinemas & all musical, dance, recital & magic shows shall be allowed to function with 50 participants or less from 1 Oct, subject to adherence to physical distancing norms, wearing of masks and compliance to precautionary protocols," the chief minister said