PVR-INOX Merger

Big News: PVR and INOX share prices Today jump to record high after merger announcement.

Share prices of PVR and INOX jumped to a record high after the country's two largest multiplex firms had announced a merger. 

After the news of PVR-INOX Merger, PVR share price jumped 10 per cent and INOX share price jumped 20 per cent to a record high.

The merger of PVR and Inox will help both companies improve efficiency, reach new markets and optimize costs.

The merger of PVR and INOX will create a huge cinema operator with over 1,500 screens across 109 cities.

PVR-INOX Share Prices

The merger of PVR and INOX will create a huge cinema operator with over 1,500 screens across 109 cities.

PVR SHARE Details: Treding Near: 2000 Mkt cap: 11.58TCr 52-wk high: 2,003.80 52-wk low: 988.35 Revenue: 3,118.7 crores INR (US$440 million)

INOX SHARE Details: Treding Near: 530 Mkt cap: 6.45TCr 52-wk high: 563.60 52-wk low: 244.00 Revenue: 1,707 crores INR (US$240 million)

Let us tell you that the merger of PVR and INOX is not complete yet. PVR and Inox said on Sunday that it is currently subject to regulatory approval.

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