Sun TV Network: Company's Reply to the Rumour on news item appeared in Channel- CNBC TV18/ www. cnbcawaz.com captioned…
Sun TV Network (SUNTV) filed a disclosure titled "Company's Reply to the Rumour on news item appeared in Channel- CNBC TV18/ www. cnbcawaz.com captioned "Possible Demerger of Sun TV's Sports division". The company is valued at about ₹24,307 crore.
What happened
Sun TV Network (SUNTV) filed a disclosure with the exchanges on 30 September 2026 at 02:12 PM titled "Company's Reply to the Rumour on news item appeared in Channel- CNBC TV18/ www. cnbcawaz.com captioned "Possible Demerger of Sun TV's Sports division".
Company snapshot
Sun TV Network is a small-cap company in the Media Entertainment & Publication sector, with a market value of about ₹24,307 crore.
The stock last traded at ₹616.8, against a 52-week range of ₹447.2–₹660.7 (6.6% below the high).
Before this filing the shares had moved +9.6% over the month and +1.8% over three months. Average daily turnover over the last 20 sessions was about ₹45.97 crore.
Promoters held 75.00% at the end of Q1 FY27. Foreign institutions owned 5.80% and domestic institutions 11.30%.
What history shows
BCEIE has no earlier m&a filing from this company on record since May 2026.
Across 11 similar disclosures by other Media Entertainment & Publication companies, shares moved −1.5% on average the next day and +2.0% over five days; 64% of them rose the next day.
Market-wide, 1,926 m&a filings with an impact score of 50 or more saw an average next-day move of +0.4%, with 50% rising.
Past reactions describe what happened before; they are not a forecast.
What to watch
- Regulatory approvals, completion of the deal and its effect on revenue and margins.
In the news
Recent coverage elsewhere (links open the original publisher):
- Sun TV Share Price On A September Sprint: Up Over 30% In A Month, What's Fueling The Rally?
- Sun TV Network Share Price Near 52-Week Low: Technicals
- SUNTV Outlook for the Week (September 28, 2026 – October 02, 2026)
- Sun TV share price jumps as high as 18% following this CNBC Awaaz exclusive
- Sun TV zooms 20%, sees sharpest intraday rally in 9 years; up 45% in 7 days
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.