Mahesh Babu’s ‘Sarkaru Vaari Paata’ is Tollywood’s fastest Rs 100 crore film

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Hyderabad, May 18 | Superstar Mahesh Babu’s commercial entertainer ‘Sarkaru Vaari Paata’ has performed well on weekdays also.

Despite mediocre talk post its release, ‘SVP’ grew stronger in terms of collections, making it the fastest movie to collect Rs 100 crore (worldwide) at the regional box office.

‘Sarkaru Vaari Paata’ surpassed the Rs 100 crore-mark (100.44 crore) in just five days, making it the fastest purely Telugu film to do so, while also becoming Mahesh Babu’s fourth consecutive Rs 100 crore-plus grossing film.

The film has a five-day worldwide gross of Rs 160.2 crore.

On the other hand, other big-ticket Tollywood movies ‘Radhe Shyam’ and ‘Acharya’ sank at the box office despite the huge hype prior to their theatrical release.

‘Acharya’ which was released on April 29, had a poor start, with a disastrous first week at the box office. ‘Acharya’ had a first weekend collection of Rs 41 crore, and the film has a total box office collection of Rs 45.2 crore only despite starring Chiranjeevi and his son Ram Charan.

Theatrical rights for Koratala’s directorial ‘Acharya’ are valued at Rs 133 crore, making it the biggest disaster in Telugu cinema, while Prabhas-starrer ‘Radhe Shyam’ falls in the same bracket.

The theatrical run of ‘Radhe Shyam’ was cut short, making it a disaster in all languages it was released. The heavy-budget movie had struggled to generate significant box office revenue due to poor word of mouth.

At the end of its theatrical run in all languages, ‘Radhe Shyam’ earned a total of Rs 83 crore, while the theatrical rights were a whopping Rs 200.5 crore, resulting in huge losses as much as Rs 117 crore.

‘Sarkaru Vaari Paata,’ directed by Parasuram Petla and starring Mahesh Babu and Keerthy Suresh, is the only film to hold its own at the box office following the blockbuster pan-India releases of ‘RRR’ and ‘Pushpa.’

Source: IANS

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Weekly Fundamental Market Outlook

Weekly Fundamental Market Outlook

Indian share market posted its first weekly gain in Jun by rising 2.7%.

This week, the Indian Stock Market rebounded strongly and ended with first weekly gain of 2.7% in June as a drop in commodity prices offered some relief from broadening inflationary pressures. Copper prices, which are often seen as a bellwether for economic output due to their wide range of industrial and construction uses, are heading for their worst week in a year, while oil prices have dropped over concerns of slumping demand.

While the US recessionary fears are still at the forefront, but the slide in commodity prices has lifted the mood of stock market.Cheaper oil is usually beneficial for oil-importing countries such as India.

Domestically, on sectorial basis, Auto and FMCG are the top gainers, while Metal index is the top losers. On stock basis, Hero MotoCorp, Eicher Motors, Hindustan Unilever, Maruti Suzuki and M&M were the top gainers and Tata steel, UPL, Reliance Industries, hindalco Inds and Coal India were the top losers.

In the next week, investors will keep a close eye on crude oil price movement, commodity prices, US economic activity and the geopolitical development.

 

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The information contained in this post is source form the news agency or PR agency. We do not take any responsibility of accuracy of information. We have not made any modification or changes in original source content. This information only for general information purposes only. The information is provided by BhaskarLive.in and while we Endeavour to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information, products, services, or related graphics contained on the post for any purpose.

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