Shares of PVR zoomed 10 per cent to hit a new 52-week high of Rs 2,010.35, while the share price of Inox also jumped 20 per cent and hit the upper circuit to touch a new 52-week high of Rs 563.6.
PVR, Inox Leisure shares fall 8% as COVID-19 cases delay biz recovery
PVR share price declined as much as 8.05 per cent to hit day s low of Rs 1,144.60, while Inox Leisure shares fell 8 per cent to touch intraday low of Rs 256.60 on the BSE
BusinessToday.In | April 5, 2021 | Updated 16:22 IST
PVR, Inox Leisure stock drop 8%
Shares of multiplex chain operators PVR and Inox Leisure tumbled over 8 per cent on Monday as rising COVID-19 cases raised concerns over the pace of business growth. The move by the Maharashtra government, the worst affected state by the coronavirus, to impose restrictions and shut down cinema halls, theatres and multiplexes for public access spooked investors sentiments.