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Broker call▲ Bullish for Sun TV Network
IPL business demerger impact? Sun TV Network share price rallies 16%! Experts see 30% more upside | Target, stop-loss
The brief
- Sun TV Network shares rallied 16% amid reports of a Sunrisers Hyderabad demerger
- Experts see 30% more upside
- Sun TV shareholders are exposed to speculation over the valuation of its IPL franchise
- Sun TV zooms 20%, sees sharpest intraday rally in 9 years; up 45% in 7 days
- Sun TV share price jumps as high as 18% following this CNBC Awaaz exclusive
- Sun TV Share Price On A September Sprint: Up Over 30% In A Month, What's Fueling The Rally?
- Volumes jump at Sun TV Network Ltd counter
Sun TV's potential SRH demerger
Sun TV was reported to be preparing for a potential demerger of its Sunrisers Hyderabad IPL business. Its shares rose as much as 18% amid the reports.
Wednesday, 30 September
- IPL business demerger impact? Sun TV Network share price rallies 16%! Experts see 30% more upside | Target, stop-loss