"Since Tuesday, a lot of enquiries are coming in for unlisted shares of Chennai Super Kings," said Abhay Doshi, co-founder of unlisted shares platform Unlisted Arena. "As a legacy brand, Chennai Super Kings should be valued closer, or even higher than RCB. Investors are trying to get the most out of the valuation gap that the RCB and RR deals have apparently thrown up."
CSK unlisted shares hit record highs after rival teams' billion-dollar sales
Summary
Record-breaking billion-dollar sales of the RCB and RR franchises have triggered a valuation re-rating across the IPL ecosystem. Consequently, investors are flocking to Chennai Super Kings' unlisted shares to capitalize on a price gap between existing market caps and new transaction benchmarks.
Source
Mint
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