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.
Timeline
Wednesday, 30 September
- IPL business demerger impact? Sun TV Network share price rallies 16%! Experts see 30% more upside | Target, stop-loss
Sun TV Network shares rallied 16% amid reports of a Sunrisers Hyderabad demerger
- Sun TV dismisses sports demerger report as rumour; shares had risen up to 20%
Sun TV told stock exchanges the report suggesting a possible sports division demerger was a rumour
