Sun TV, RPSG Shares Soar 20% After United Spirits Sells RCB for ₹16,000 Crore

• Sun TV and RPSG Ventures shares surged up to 20% on Wednesday, March 25.
• The surge followed United Spirits' announcement of selling Royal Challengers Bengaluru (RCB) for over ₹16,600 crore.
• Aditya Birla Group, Brookfield, Times Internet, and Bolt Ventures won the bid for RCB.
• Sun TV, owner of Sunrisers Hyderabad (SRH), sees SRH account for nearly two-thirds (65%) of its market capitalization.
• RPSG Ventures, owner of Lucknow Supergiants (LSG), holds a 51% stake in LSG, valued at 250% of its market capitalization.