PVR, Inox stocks bear the brunt of second wave fears
Shares of PVR Ltd fell 5% after the government announced that theatres will remain closed till 30 April
Fresh lockdown-like restrictions in Maharashtra, which is grappling with a second covid-19 wave, has yet again dampened investor sentiment toward multiplex stocks. Following the state government’s notification issued on Sunday shuttering theatres for a month, shares of PVR Ltd and Inox Leisure Ltd fell 5% and 4%, respectively.
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