The first look of Nitesh Tiwari’s much-anticipated film Ramayana has created a significant stir across both the entertainment world and financial markets.
Backed by Namit Malhotra’s Prime Focus Studios, the project is being described as the most expensive Indian film to date, with a reported two-part budget of ₹1,600 crore.
The excitement peaked on July 3 with the release of the teaser, sparking widespread interest from fans and investors alike.
This buzz had a noticeable impact on the stock market.
Prime Focus, which is listed on the Bombay Stock Exchange, had already experienced a 30% increase in its share price—from ₹113.47 to ₹149.69—between June 25 and July 1, following a preferential allotment of 462.7 million equity shares.
However, it was after the teaser dropped that the stock really surged, reaching a high of ₹176 on July 3.
This pushed the company’s market capitalization from ₹4,638 crore to ₹5,641 crore—an increase of nearly ₹1,000 crore in just two days.
By the end of the day, shares settled at ₹169, with the market cap stabilizing around ₹5,200 crore.
Adding to the momentum, lead actor Ranbir Kapoor is reportedly investing in Prime Focus by acquiring 1.25 million shares, estimated to be worth around ₹20 crore at current market value.
The film features a high-profile cast including Yash, Sai Pallavi, Sunny Deol, and Ravi Dubey.
It also marks a major musical collaboration between A.R. Rahman and Hans Zimmer, with Zimmer making his Bollywood debut.
Ramayana Part 1 is scheduled for release during Diwali 2026, with Part 2 expected to follow in 2027.
