Bengaluru, July 16 -- During Wednesday's trading session, shares of India's largest and most premium film exhibition company tumbled nearly 2 percent on BSE, following reports that the Karnataka government plans to cap movie ticket prices at Rs. 200 each.

With a market cap of Rs. 9,614 crores, at 12:46 p.m., shares of PVR Inox Limited were trading in the red at Rs. 979 on BSE, down by nearly 1.1 percent, as against its previous closing price of Rs. 989.95. The stock has delivered negative returns of nearly 32 percent in one year, but has gained by over 1 percent in the last one month.

What's the News The Karnataka government is reportedly planning to cap movie ticket prices at Rs. 200 each, according to industry sources. The state has i...