Shares of multiplex firms PVR and INOX Leisure surged sharply on Monday after the announcement of merger of the two companies on Sunday.
At 1.28 p.m. on Monday, the shares of PVR traded at Rs 1,875, up 3 per cent, whereas INOX Leisure at Rs 519, up over 10 per cent.
As per reports, the shares of the two companies surged as much as 10 per cent and 20 per cent, respectively, in the opening session on Monday.
Film exhibition majors, PVR and INOX Leisure on Sunday announced merger and th...
PVR, INOX Leisure shares surge on merger announcement