Bajrangi Bhaijaan Earned Rs.500 Crore Rising Eros Shares

Recent blockbuster ‘Bajrangi Bhaijaan’ fetched Rs. 500 crore worldwide in an accomplished number of days as per global ‘Eros International’ distributors who featured salman Khan in this hit film. In domestic market, film earned Rs. 300 crore which is now Bollywood’s biggest outsize of 2015.

Bajrangi-Bhaijaan-Collection-Record
Bajrangi Bhaijaan box-office record

‘Bajrangi Bhaijaan’ was released on 17th July, 2015 which has a tremendous sprint at box office til now. In the opening weekend, collections have crossed over Rs. 100 crore which was a record of Bollywood. In just five days it has crossed over Rs. 500 crore hitting a milestone.

According to available data, the film is recorded for highest one day collection with a net gross of of Rs. 38.75 crore on its 3rd day ie., 19th July. This film also producing well in overseas market which became a highest-earning Hindi film in UAE and it has entered into ‘Top 10 Chart’ in UK.

It seems Eros International has a very good year of 2015 which previously dispensed hit films like NH10 and Tanu Weds Manu Returns. Through this ‘Bajrangi Bhaijaan’ they have raised International shares too. From the start of the year till date, Eros outpaced the markets advancing close to 60%. It will emerge its first quarter collections on 13th August and is screaming a hold on 17th August.

When compared with uniform Nifty, the shares of Eros International at 11.32 am were down 1.2% at Rs.577. Maybank has a buy call on Eros with Rs.645 of intended price.

On Friday intercessor Maybank stated, “The movie was made at a cost of Rs 90 crore and should result in a 50 per cent return on investment for Eros.”

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