Sun TV shares surged 19% on a MoneyControl report that the company may be considering a demerger of its IPL business

Wed 30 Sep 2026

Stock move today

19 percent

Weekly gain

28-29 percent

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

• Sun TV stock was up about 19% intraday, after a rise the previous day too.
• A MoneyControl report said the company may be mulling a demerger of its IPL business.
• Analysts see deep value in the IPL business, with the ex-IPL business plus cash on books trading at mid-single digit EV multiples.
• The street is ascribing increased value to the possibility of the demerger.
• The exchange has sought clarification from Sun TV and a response is awaited.

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