Inox Leisure, PVR surge up to 17% on reopening of cinemas from October 15

Shares of multiplex operators like Inox Leisure and PVR rallied up to 17 per cent on the BSE on Thursday after the government allowed reopening of cinemas, theatres and multiplexes from October 15.

The central government has permitted reopening of cinemas from October 15 with up to 50 per cent of seating capacity outside containment zones adhering to the Standard Operating Procedure (SOP), which will be issued by the I&B Ministry.

Among individual stocks, Inox Leisure surged 17 per cent to Rs 318 on the BSE on the back of over four-fold jump in trading volumes. A combined