Jailer Prod Co’s Share Price Surges After Film’s Box-Office Success

Nelson Dilipkumar’s action movie ‘Jailer’ starring Rajinikanth in the titular role turned out to be a massive hit following its theatrical release a couple of weeks back. The movie has already grossed over a whopping Rs.535 crores globally and is still continuing with its terrific box-office run. It has also achieved the feat of becoming the second highest grossing Indian movie of this year (just behind SRK’s ‘Pathaan’) and amongst the highest grossing Tamil language movies of all time.

After two weeks of Jailer’s massive global box-office success, it has now been observed that the stock price of Sun TV Network, which is the parent company of its film production arm 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 prices of Sun Picture’s parent company is apparently because of the potentially higher revenues expected from the film production business.

Veteran actor Rajinikanth has amply displayed during the past decades the massive box-office pull he has over the movie goers. And the resounding theatrical success of ‘Jailer’ will certainly have a positive impact on the film production business and the general market sentiment for the industry in the coming days.

Helmed by Nelson Dilipkumar, the underlying plot of ‘Jailer’ movie follows the story of a courageous jailer (played by Rajinikanth), who tries to stop a gang of criminals from rescuing their leader from the prison he is in-charge of. Besides its commercial success, the film has garnered positive feedback from critics and audiences as well.