Kaala box office collection may hit Rs 30 cr; big Rajinikanth boost for Inox, PVR, Eros shares

PVR, Inox Leisure, and Eros International share prices gained up to 5 per cent on Thursday after cine superstar-politician Rajinikanth starrer was released across theatres in India. Kaala box office collection predictions is massive indeed. The movie is expected to receive a great response, adding to the earnings of these multiplex stocks. 

Inox Leisure added 2.2 per cent to Rs 276.35, PVR gained nearly 2 per cent to Rs 1332.35, while Eros International rallied 4.87 per cent to Rs 138.70 on the BSE. 

Kaala has already been released with hordes of fans rushing to get entry, while some are dancing outside the cinema halls in South Indian cities like Chennai.

Kaala box office collection, both in the southern market as well as the Hindi one is expected to cross the Rs 30 crore mark on opening day. Going by a report on LiveMint, up to Rs 28 crore may well come from the South, while Rs 2.5 cr is expected from the North. A few reports claim box office collection in Hindi market to even breach the Rs 5 crore mark.

Kaala collection will be dictated to a large extent by the number of screens that the movie is screened on. This time, it is being released in 2,000 screens. According to LiveMint, this is much less than what Rajinikanth's previous movie Kabali was released in the year 2016, which was between 3,000-3,500.

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By comparison, previous 2 Rajinikanth releases, Lingaa and Kochadaiiyaan box office collection came in at Rs 149 crore and Rs 70 crore, respectively. 

As the summer vacations have started, this will give the movie a chance to record a blockbuster weekend. 

Meanwhile, dancing to drum rolls, bursting fire crackers, cutting cakes is how fans of actor Rajinikanth celebrated the release of film Kaala in Tamil Nadu earlier in the day.

Additional security was provided by the police at all the several hundred movie theatres where the film is being screened in the state. Large crowds were seen outside all these theatres since early in the day.