Elara raised Sun TV target to INR 925 for Sun TV stock

Published on 10/19/2026 at 00:56 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Elara cited Sun TV's sports franchises at 45 percent of its sum-of-parts value. Sun TV's next results are due November 12, 2026.

Target case and timing

Elara Capital raised its Sun TV target from INR 780 to INR 925 on October 7, 2026.
Sports franchises represented 45 percent of Elara Capital's sum-of-the-parts equity value.
Sun TV Network's market capitalization was INR 250.5 billion on October 16, 2026.

Sun TV, INE424H01027, Illustration mit AI erstellt.

Sun TV Network (INE424H01027) received a higher INR 925 share target after Elara Capital raised its valuation from INR 780 in a report dated October 7, 2026, as Business Standard reported on October 8, 2026. The revised target keeps the analyst view constructive while placing the sports portfolio at the center of the valuation case.

Three dated stock milestones

Sun TV Network's stock moved from INR 451.70 on September 18, 2026, to an NSE high of INR 663.90 on September 30, 2026. The latest milestone came on October 7, 2026, when Elara Capital lifted its target to INR 925 from INR 780, according to Moneycontrol.

What supports the higher target?

Elara's report assigned 45 percent of its sum-of-the-parts equity value to Sun TV's sports franchises, including SunRisers Hyderabad, SunRisers Eastern Cape and SunRisers Leeds. Cricket revenue from SunRisers Hyderabad and SunRisers Eastern Cape was INR 56.0 billion in fiscal year 2026, while the core media business remained the group's main cash generator, according to Business Standard.

Next report date November 12

Sun TV's next quarterly results are scheduled for November 12, 2026, according to Investing.com. The investor-relations page also lists unaudited results for the quarter ended June 30, 2026, under fiscal year 2026-2027, according to Sun TV Network.

Stock value and operating scale

Sun TV Network was last at INR 635.75 on the NSE on October 16, 2026, at 3:29 p.m. IST. Its market capitalization was INR 250.5 billion on the same date, while its 52-week range extended from INR 447.20 to INR 673.95. The stock therefore remained below its 52-week high as the higher analyst target put sports-asset value ahead of a broad advertising recovery.