09 Feb 2026 | 5 Mins Read
IPL valuation optimism boosts Sun TV despite weak Q3 results
Flipitmoney
Sun TV Network shares rose 3.64% on February 9, breaking a four-session losing streak, despite a muted Q3FY26 performance with a 4% revenue rise to ₹862.2 crore and a 10.7% YoY net profit decline to ₹324 crore due to sharp cost increases. The broadcaster's IPL franchise SunRisers Hyderabad valuation, pegged at ₹7,700-₹8,550 crore, is seen as a potential positive trigger.