Why are RPSG Ventures and Sun TV Network shares skyrocketing after ₹16,660-crore RCB deal? Explained

RCB deal, worth ₹16,600 crore, is being seen as a valuation marker and has effectively repriced the entire IPL cohort, according to experts, with re-rating expected to spill over to RPSG and Sun TV, which own Lucknow Super Giants and Sunrisers Hyderabad, respectively.

Why are RPSG Ventures and Sun TV Network shares skyrocketing after  ₹16,660-crore RCB deal? Explained
RCB deal, worth ₹16,600 crore, is being seen as a valuation marker and has effectively repriced the entire IPL cohort, according to experts, with re-rating expected to spill over to RPSG and Sun TV, which own Lucknow Super Giants and Sunrisers Hyderabad, respectively.

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