PVR, INOX shares jump 80% in three months despite theatres being shut.

India's largest multiplex operators PVR and INOX Leisure have seen their shares rebound around 80% since their lows on May 18 despite theatres being shut nationwide for nearly 5 months. "We are encouraged by the initial response seen in other markets where theatres have reopened," HSBC analysts wrote. The government on Sunday released new guidelines for the shooting of films.