You are right that PVR and Inox hit their 52-week lows on 15 May, Friday after the Maharashtra government extended the lockdown in Mumbai, Pune and other hotspots till May 31. The big void left by the multiplexes is leading to a surge of business for OTT platforms. Amazon Prime Video acquired seven Bollywood and regional films. Both the stocks have dipped below their yearly lows. Multiplexes were the first to be shut and could be the last to be opened resulting in these stocks tanking over 60%. Post-COVID, the sense of security will be higher in multiplexes and they may have to spend more on maintenance and sanitation. Even occupancy is expected to continue to remain low for some time.