10/8/2023 0 Comments Why is ipl 5 rated highlyThe company’s market capitalisation currently stands at Rs 4,200 crore (US$560 million), the report added. That’s close to a 1,000% jump in less than three years. But its shares have been trading in the unlisted stock market since November 2018.įrom around Rs 12-15 (US$0.16-0.2) per share back then, the price has skyrocketed to around Rs 135 (US$1.8) currently, according to the Business Standard report. Now, as you may know, Chennai Super Kings Cricket Ltd, which owns and operates the franchise, is not a listed company. And it achieved its purpose (more on that later). I had seen headlines about CSK’s shares before, but this one stood out. “CSK looks set to become India’s first sports unicorn” On Monday morning, two days after Chennai Super Kings won the Indian Premier League (IPL), a headline in the Business Standard caught my eye:
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