Kavya MaranImage Credit Source: Pankaj Nangia/Getty Images
Amidst the discussion of the sale of RCB, the mistress of Sunrisers Hyderabad has come to Kavya. He has gained a big benefit from the stock market on Wednesday. Where businessman’s media company SuntiV shares saw a rise of up to 18 percent. At the same time, by the closure of the market, the company’s shares appeared up to more than 15 percent. Due to which the company’s valuation saw an increase of up to Rs 3,155 crore. Sunrisers estimate that if the valuation of RCB increases, then its valuation will also see an increase. Let us also tell you how the stock market has seen an increase in Sun TV shares.
Tremendous boom in Sunrisers shares
On Wednesday, there has been a tremendous jump in the shares of Sunrisers. According to BSE, the company’s shares rose by 15.33 per cent to close at Rs 602.10. Whereas during the business session, the company’s shares rose 18.20 per cent to reach the day high with Rs 617.05. By the way, the shares of the company were opened at a flat level of Rs 522.10. Whereas on Tuesday, the company’s shares closed at Rs 522.05. The company has a 52 -week high of Rs 852.90, which was seen on 1 October 2024 1 year ago. At the same time, the lower level of 52 weeks is Rs 506.20, which was seen on 7 April 2025.
The company’s market cap increases
On Wednesday, there has been an increase in valuation due to the increase in the company’s shares. According to the data, when the stock market was closed on Tuesday, the valuation of the company was Rs 20,573.18 crore. Which increased to Rs 23,727.83 crore on Wednesday. This means that the value of the company has seen an increase of Rs 3,154.65 crore. According to experts, there can be further increase in the coming days in Sun TV shares.
Why did the company’s shares rise
On Wednesday, Sun TV shares gained 18 per cent to reach a high of Rs 617. This bounce has come due to a possible bounce in the valuation of IPL team Sunrisers Hyderabad. There are reports that Diazio PLC can sell partial or full stake in the current champion Royal Challengers Bangalore (RCB), through PLC, its 56 per cent owned United Spirits Limited. But what will be the benefit of Sun TV when there is no share in RCB or Diazio. In fact, Diazio is sitting thinking a valuation of $ 2 billion for RCB.
SRH will benefit more
If this happens, the IPL teams will again determine the standard of valuation. Due to which the valuation of Sunrisers Hyderabad will also increase. This bounce can promote the balance sheet of sun TV. The company currently gives about 87 billion rupees of its market value to SRH; If the valuation is revised which it can increase. The effect of this re -valuation will be more for Sun TV than Diazio. SRH accounts for about 45 per cent in the market cap of Sun TV, while RCB holds only 7-8 per cent of the United Spirits.