Business Standard

Tuesday, December 24, 2024 | 11:17 AM ISTEN Hindi

Notification Icon
userprofile IconSearch

At Rs 7,200 crore, Chennai Super Kings m-cap pips parent India Cements'

Inches close to becoming India's first sports unicorn

CSK Team, Chennai Super Kings
Premium

The team is planning a mega celebration in Chennai in December to mark the victory and India Cements’ 75th year.

Shine Jacob Chennai
A higher valuation of the new Indian Premier League (IPL) teams pushed up the market capitalisation of Chennai Super Kings (CSK), the only sports team in India whose shares are available to the general public, to over Rs 7,200 crore on Monday night. With this, the firm also surpassed its parent India Cements in terms of m-cap.
 
The unlisted shares of CSK were trading in the range of Rs 213-235 per share on Monday, taking its m-cap to as high as Rs 7,240 crore. This is a two-fold rise compared to Rs 65 per share at an m-cap of

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in