Sun TV shares jumped nearly 19% on a MoneyControl report that the company may be mulling a demerger of its IPL business

Wed 30 Sep 2026

Stock move today

19 percent

Weekly gain

28 to 29 percent

Monthly gain (September)

40 percent

Heard on Live TV News Channel between 13:30:29 - 13:33:29 IST.

• A MoneyControl report suggested Sun TV may be considering demerging its IPL business.
• Commentators said there is deep value in the IPL business, with the ex-IPL cash-rich resultant business trading at mid-single digit EV, and the street is now ascribing higher value if the demerger happens.
• The exchange sought clarification from the company on the report, and a response was awaited.
• The stock was up about 19% on the day, following a similarly strong move the previous day, taking the week's gain to about 28-29% and the month's (September) gain to about 40%.

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