'Tanu Weds Manu Returns' made nearly Rs 38 crore over the weekend to become the highest-grossing film in the first weekend this year, tweeted box office trade analyst Komal Nahta.
37.75cr.(maybe a bit more)is the magical figure.Tanu becomes highest-grossing film in 1st weekend this year so far,despite IPL final Sunday!- Komal Nahta (@KomalNahta) May 25, 2015
Another analyst Taran Adarsh tweeted that 'Tanu Weds Manu Returns' likely recovered its cost over the weekend itself. The laugh riot featuring Kangana Ranaut and R Madhavan was made at an estimated cost of Rs 30 crore.
The jump in the biz of #TanuWedsManuReturns is an eye-opener. Almost doubled the biz on Sun [16.10] vis-a-vis Fri [8.85]. Achhe din aa gaye!- taran adarsh (@taran_adarsh) May 25, 2015
'Tanu Weds Manu Returns' has also proved to be a major success abroad, according to trade analysts.
What 'Tanu Weds Manu Returns' Success Means for Eros:
According to brokerage Maybank, 'Tanu Weds Manu Returns' is likely to gross Rs 100 crore over its lifetime in box-office collections.
"We expect Eros to make at least 100 per cent return on this movie due to sale of music, satellite and other rights," Maybank added.
The brokerage expects Eros' other movies - 'Uttama Villian' (a tamil movie released in April) and 'Dil dhadakne Do' (set to hit theatres in June) to do well as well.
Maybank has a "buy" call on Eros with a target price of Rs 525. Eros shares ended 4.7 per cent higher at Rs 440.80 on the NSE, outperforming the broader Nifty, which closed 1.05 per cent lower.