Sun TV Network Ltd. Share Price

Sun TV breaks out as momentum moves firmly higher

Sun TV Network has delivered a strong upward expansion, closing near ₹638 after breaking decisively above its recent range. Price is well above the 20-day average around ₹575 and the 55-day average near ₹512, showing a clear shift in momentum after the stock built a base around ₹450–500. The sharp distance from the averages confirms trend strength, although it also raises the chance of short-term consolidation after such a fast move.

Sun TV Rallies as IPL Franchise Valuations Rise

Sun TV Network gained 2.68% to close at ₹653.10, with investors focusing on the rising valuation of its sports franchises, particularly Sunrisers Hyderabad (SRH). Brokerage firm Elara Capital has retained its Buy rating and raised its target price to ₹925 from ₹780, citing the value of its sports assets and strong cash generation. [Source: Business Standard] Fundamental Trigger Recent high-value IPL franchise transactions have strengthened valuation benchmarks for established teams. Elara estimates that Sun TV's sports franchises, including SRH, Sunrisers Eastern Cape and Sunrisers Leeds, account for approximately 45% of its sum-of-the-parts equity valuation. The brokerage also highlighted the company's cash-generative television business and increased its FY28–FY29 revenue and earnings estimates by 4%, partly reflecting higher movie revenue. Technical View Sun TV is trading near ₹653, with immediate resistance at ₹662–663 and the next major level at ₹693. RSI near 77 indicates overbought momentum, while MACD remains positive. A sustained breakout above ₹663 with strong volume could strengthen the bullish setup. My View The rising valuation of Sun TV's sports portfolio is an important fundamental narrative supporting investor interest. However, reports of a possible sports-business demerger remain unconfirmed, and the company previously described such reports as market rumours. Technically, the ₹662–663 zone remains crucial for breakout confirmation. Disclosure: The analyst or his family does not have any position in the stock discussed at the time of publication.

Today’s Sun TV (Sun News) headlines focus on Tamil Nadu’s

Sun TV Network Ltd break and new 52 week highs

Sun TV Network Ltd. has staged an extraordinary weekly breakout, closing at ₹599.90 with a massive 22.4% surge. This powerful move comes at a time when the broader indices are facing intense selling pressure, highlighting institutional interest and idiosyncratic momentum in the broadcasting major. Technically the stock has given a break out above the weekly trendline. But, failed to close above it. The stock has also made a new 52 week high of 663.90 but failed to close above the previous high of 660.70. Sun TV closed at 599.90 and the stock is trading above all the short, medium and long term moving averages. There a huge spike in volumes on weekly charts and weekly RSI has moved above 60 indicating a possible bullish momentum in the stock. Weekly MACD is also above zero and flasing strong green bars. But, the stock is in the over bought territory on daily charts. Thus, we might see a consolidation or correction before the stock continues to move higher. The levels of 670 and 680 will act as a immedeate resistance. We might see a turnaround in the stock if it closes above 700 on weekly basis.

Sun TV Network Falls 1.3% After Eight-Day Winning Run

Sun TV Network slipped 1.3% on October 1 after an eight-session rally. ₹664 remains resistance, while ₹530 is key support. Sun TV Network Limited [

Sun TV Network IS PREPARING FOR POTENTIAL SRH DEMERGER