News > Merger with PVR takes Inox Leisure’s shares above pre-Covid highs

Merger with PVR takes Inox Leisure’s shares above pre-Covid highs

Times of India | 28/03/2022 11:34 AM | Click to read full article

Shares of PVR Ltd and Inox Leisure Ltd jumped in Monday’s morning trade on NSE. This is after both companies announced a merger on Sunday. Inox’s shares rose about 13% to Rs531 apiece, surpassing their pre-covid highs of Rs495 per share seen on 24 February 2020. 

In comparison, PVR’s shares rose by around 8% and are marginally lower than their pre-covid highs.

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