01 Oct 2025 | 3 Mins Read
Sun TV shares jump 18% on RCB sale speculation
Flipitmoney
Sun TV shares rose 12% to Rs 588 on October 1, buoyed by potential jump in IPL team Sunrisers Hyderabad valuation due to potential RCB sale. Media reports say Diageo seeks $2 billion for RCB, resetting the benchmark for IPL team valuations. Sun TV attributes 45% of market value to SRH, which could increase if valuations are revised.