Elara Securities retained its buy rating on Sun TV and raised its target price to ₹925 from ₹780, citing the growing value of its sports franchises. The brokerage’s valuation includes Sun TV’s cash-generative media business and benchmarks from recent IPL team sales.
Elara Securities retained its buy rating on Sun TV and raised its target price to ₹925 from ₹780, citing the growing value of its sports franchises. The brokerage’s valuation includes Sun TV’s cash-generative media business and benchmarks from recent IPL team sales.
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