Nelson Dilipkumar’s action entertainer ‘Jailer’, which featured Superstar Rajinikanth in the lead role, became a massive blockbuster at the box office after it was released in theaters a couple of weeks ago. The film has already amassed over Rs.500 crores worldwide and still goes on with its fantastic run at the box office. With its phenomenal success, the film has also raised the stock markets of Sun TV.
It has now been reported that the stock price of Sun TV Network, which is the parent company of its film production house Sun Pictures (production company of Jailer), has shown an increase and has registered a 52-week-high. The share price of Sun TV Network Ltd. displayed an increase of around 5% on Wednesday, 23rd August and is further showing an upward trend today (24th August) at the time of writing this article.
The increase in the stock price of Sun Picture’s parent company is reportedly due to the potential increase in expected revenues from film production activity.
Rajinikanth, a veteran superstar, has once again demonstrated the massive box-office pull he has over movie goers over the past decades. The theatrical success of ‘Jailer’ will certainly have a positive impact on the film production business and the general market sentiment of the Tamil film industry in the coming days.
Helmed by Nelson Dilipkumar, the underlying plot of ‘Jailer’ movie follows the story of a courageous retired jailer (played by Rajinikanth), who tries to take on a gang of criminals after they kidnap and kill his son. Besides Rajinikanth, the film also has powerful cameos from Malayalam Megastar Mohanlal and Kannada Chakravarthy Shiva Rajkumar.
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