30 Sep 2026
Sun TV Network denied a news report that it may demerge its sports division, calling it market speculation it cannot comment on.
The stock still rose 7.7 percent to Rs 596 on the day and is up about 45 percent in seven sessions. The company owns SunRisers Hyderabad, and IPL-linked revenue was about a third of its June quarter revenue.
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Anand Ganapathy K | SEBI Registered Research Analyst | INH000016630. Stock notes are market commentary for general information and education. They are not investment advice, not a recommendation to buy or sell, and do not account for any individual's financial situation. Investment in securities is subject to market risks. Please read all related documents carefully before investing. Past performance is not a guarantee of future results.