News

Wednesday
June, 19

Sunny Deol’s Gadar 2 gets the box office sizzling, rakes in ₹40 crore on Day 1

Featured in:


Sunny Deol’s Gadar 2 set the cash registers ringing for the cinemas on the first day of long weekend.

The sequel to the 2001 film Gadar: Ek Prem Katha raked in a whopping ₹40.10 crore in net collections at the domestic box office on the first day, per trade analysts.

Akshay Kumar’s OMG 2, also a sequel, earned about ₹10.26 crore on Friday. This comes at a time when Rajinikanth’s Jailer is also gunning for the ₹100 crore-mark at the domestic box office.

Trade analyst Taran Adarsh tweeted, “Sunny Deol unleashes his power. All pre-release calculations go for a toss. Gadar 2 runs riot at the box office and is sensational on Day 1. It is the second highest opener of 2023.” He added that movie is doing very well in mass pockets and single screens

Analysts noted that Akshay Kumar’s OMG 2.0 is getting tough competition from Gadar 2, but is expected to see growth over the long weekend.

Also read: Rajini fever grips India with release of Jailer

This comes as a huge relief for the Hindi movie industry that is yet to witness collections recorded during pre-Covid period.

Pathaan, The Kerala Story and Rocky Aur Rani Ki Prem Kahani are among the major hits this year

Karan Taurani, Senior Vice-President, Elara Capital, said, “If Gadar 2 is able to sustain this kind of collection and get to the ₹150-200 crore mark, it will be a huge respite for the Hindi movie industry. It is a scale-driven film and will see strong contribution from single screens. While overall box office collections recovered to 92 per cent of pre-Covid levels, Hindi movie segment could only touch 25-30 per cent of its pre-covid levels.”

“We need more consistency in the performance of Hindi films. We need to have at least one film breaching ₹150 crore-mark in every 6-8 weeks to achieve sharp recovery,” Taurani told businessline.

Gautam Dutta, Co-CEO, PVR INOX, pointed out that Gadar 2 is a “triumph of a story over a star.”

“It is breaking all records. What the original version had done during its entire run, Gadar 2 may end up doing it in the first weekend itself. Audiences are loving the film and its evoking a strong sense of patriotism,” he said

He further said that the cinema industry has begun witnessing a strong momentum with a string of movies, across segments, performing well at the box office.

“We have seen Hollywood movies—Oppenheimer, Barbie and MI 7 doing well. Now, we have a string of Bollywood movies performing well at the box office. With Jailer,Byomkesh o Durgo Rohosyo andCarry on Jatta 3, even regional film segment is also doing very well,“ Dutta added.





Source link

Find us on

Latest articles

- Advertisement - spot_imgspot_img

Related articles

Kotak Mahindra shares rise 4% on RBI nod to...

Kotak Mahindra shares rise 4% on RBI nod to Zurich Insurance buying 70% in Kotak General Kotak Mahindra...

Adani Green Energy, Adani Enterprises, Adani Ports Shares Rallied...

Adani Green Energy, Adani Enterprises, Adani Ports Shares Rallied Up to 12% Today. Here's Why Adani stocks: Motilal...

Vodafone Idea shares zoom 14% today; key technical levels...

Vodafone Idea shares zoom 14% today; key technical levels to watch out for Vodafone Idea share price: The...

SCREEN Launches High-Density SU Ink For Uncoated Papers Used...

SCREEN Launches High-Density SU Ink For Uncoated Papers Used By Truepress JET 520HD Mono It has developed this...

Nadeem Amin is the New President for Netstal Americas

Nadeem Amin is the New President for Netstal Americas Netstal appoints Nadeem Amin as its new President for...

Crypto Market Watch: Bitcoin Surpasses $70,000; Eyes Set on...

Crypto Market Watch: Bitcoin Surpasses $70,000; Eyes Set on New Highs Bitcoin's price surged past $70,000 on Tuesday,...