Weak reviews of Brahmastra have tanked shares of India’s biggest theater chains
10 September, 2022 | Pranay Lad
Instead of recouping its investment, it appears like Brahmastra is suing PVR and Inox investors alongside itself. The biggest theatre chains in India, PVR and Inox, collectively lost over 800 crore...
Instead of recouping its investment, it appears like Brahmastra is suing PVR and Inox investors alongside itself. The biggest theatre chains in India, PVR and Inox, collectively lost over 800 crore in market capitalization today after early reviews doomed Brahmastra’s chances.
According to Indian mythology, the Brahmastra is a destructive weapon that can only be halted by its retaliatory astra (weapon). Ironically, the movie might become the target of the firearm it is named for.
Despite strong advance reservations of 23 crore, Brahmastra debuted to muted reviews. The Ranbir-Alia starrer received a two-star rating from critic and analyst Taran Adarsh, who called it a “king-sized failure.”
The Hindi film industry’s expectations for a comeback may be dashed if Brahmastra fails, making it one of the biggest Bollywood bombs at a time when multiple South Indian films have set records across the country.
However, Karan Johar, Indian filmmaker, and Dharma Production Head, rejoiced in the movie’s day 1 box office collection.
The early estimates for the movie have come in, and according to trade expert Ramesh Bala, Brahmastra has made a total of Rs 36 crore on Day 1. At the US box office, the movie made more than $1 million on Day 1.
Brahmastra, a film produced by Karan Johar with a 410 crore rupee budget, stars Ranbir Kapoor, Alia Bhatt, Amitabh Bachchan, Tollywood actor Nagarjuna, and even Shah Rukh Khan in a cameo. This is essentially a who’s who list of the most powerful actors in Indian cinema.