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With its fourth title win of the Indian Premier League (IPL) on Friday, Chennai Super Kings may be all set to become possibly the country’s first ‘sports unicorn’, even surpassing its parent India Cements in market capitalisation, say experts.
Chennai Super Kings’ unlisted shares were trading at around Rs 135 each, taking its market capitalisation to around Rs 4,200 crore soon after the Chennai Super Kings (CSK) victory in the tournament, as compared with a value of around Rs 2,465 crore (Rs 80 per share) in April 2021. On Friday, India Cements stocks were …
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First Published: Mon, October 18 2021. 06:02 IST
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