The much-awaited biggie, Brahmastra, has brought a darkness, instead of light to the two of biggest cinema chains of India, PVR and Inox. Made on a huge budget of around 400 crore, the film has taken PVR and Inox shares down with a loss of approximately 800 crore on day one.
According to the stock market news portal, Business India, PVR and Inox, who have been investing a lot in Brahmastra, lost Rs. 800 crore in market capitalisation on Friday. The ticket prices have been kept high on 3D screens, which has led to higher stakes in the market.
Brahmastra has done good business on day 1, but the response isn't that good. The film will definitely enjoy a healthy weekend in the first 3 days, and then Monday will decide the verdict of the film. The film needs to do a minimum of 400 crore plus business to enter the profit zone.