Sun TV Network532733Media, broadcasting
Sun TV stock surged nearly 33% in a month, up 14% in a single session, driven by optimism on IPL franchise valuation and possible value unlocking
- One-month stock gain
- 33 percent
- Single-day gain
- 14 percent
- Cash reserves FY26
- 250 odd crore rupees
- Q1 revenue growth
- 13 percent
- Q1 PAT growth
- 16 odd percent
Heard on Live TV News Channel between 12:47:59 - 12:49:49 IST.
- Stock up nearly 33% in one month, including 14% gain in a single session, best September performance in 14 years.
- IPL franchise value seen as key focus, with chatter about possible demerger of IPL business or a buyback, similar to RCB stake sale unlocking value.
- IPL business revenues up 33% in Q1; Q3 revenue boost expected from IPL auction/season two.
- Company sitting on cash of around 250 crore rupees as of FY26.
- Q1 revenue growth of 13%, PAT growth of 16%, margins around 51%; advertising revenue fell about 2% while subscription revenue rose 3%.
- Market cap around 21,000 crore rupees; cricket franchise valued between some range as per report; FY27 earnings valuation pegged at around six times.
- Analyst advised partial profit booking after sharp rally, holding rest until Q2 results and management commentary on advertising business recovery.
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Source: Live TV News Channel · 30 Sep 2026
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