Sun TV stock, up 17% earlier on sports division demerger speculation, corrected sharply after the company issued a clarification

Wed 30 Sep 2026

Intraday stock move

17 percent

Heard on Live TV News Channel between 14:15:48 - 14:18:48 IST.

• Sun TV stock was up 17% at the start of the show on speculation about a potential sports division demerger.
• The company put out a clarification, after which the stock gave up much of its gains.
• Anchor noted Sun TV owns Sunrisers Hyderabad in the IPL and other sports entities globally.

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