Entertainment · SUNTV
Entertainment & Media
from 478 today
Sun TV Network reported a strong 1QFY27, with revenue rising 13% YoY, led by a ~34% YoY increase in IPL revenue. Valuations remain inexpensive, but a pickup in ad revenue remains critical for re-rating.
Sun TV Network reported a strong 1QFY27, with revenue rising 13% YoY, led by a ~34% YoY increase in IPL revenue. Valuations remain inexpensive, but a pickup in ad revenue remains critical for re-rating, leading us to reiterate our Neutral rating with a revised target price of INR545.
Ratings and target prices as published by each firm. Each summary condenses that firm's stated view in its own note and is attributed to it; no report text is reproduced.