Elara raises target to INR 925 for Sun TV stock

Published on 10/14/2026 at 05:25 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Motilal Oswal kept a Neutral rating for Sun TV stock at INR 545 on August 12, 2026. First-quarter net income reached INR 6.19 billion.

Analyst view and operating results

Elara Capital lifted its Sun TV target from INR 780 to INR 925 in its October 7, 2026 report.
Sun TV Network posted INR 14.58 billion in revenue and INR 6.19 billion in net income in the first quarter of fiscal 2027.
Sun TV Network was last at INR 636.05 on the NSE on October 13, 2026.

Sun TV, INE424H01027, Illustration mit AI erstellt.

Sun TV Network (ISIN INE424H01027) drew a higher valuation from Elara Capital after the brokerage raised its target from INR 780 to INR 925 in a report dated October 7, 2026. Business Standard said Elara retained its Buy rating, placing the revised target 18.59 percent above its previous level.

Three dated signals shape the stock

On September 1, 2026, Sun TV Network disclosed the retirement of Chief Operating Officer C Praveen after 28 years, according to StockFin.ai. Shareholders approved four resolutions with more than 99 percent support at the September 18, 2026 annual meeting, the same filing review reported. On October 7, 2026, Elara raised its target to INR 925 from INR 780, as Business Standard reported.

What does the target revision value?

The target increase of INR 145 represents an 18.59 percent rise from INR 780. Elara linked its valuation to Sun TV's core media business and sports assets, while the report placed the shares near the INR 640 to INR 650 resistance zone.

Quarterly results add operating weight

Sun TV Network generated INR 14.58 billion in revenue and INR 6.19 billion in net income in the first quarter of fiscal 2027 ended June 30, 2026, according to AlfaFinder. Revenue increased 13.00 percent year over year, while net income rose 17.00 percent, giving the analyst target a stronger operating reference.

The company operates in television broadcasting and media, with 35 channels reaching more than 140 million households, according to TickJournal. Its promoter holding stood at 75.00 percent in June 2026, while the latest annual dividend listed by the same source was INR 12.50 per share for March 2026.

Stock level and valuation context

Sun TV Network was last at INR 636.05 on the NSE on October 13, 2026 at 3:29 p.m. IST. The finance quote placed its market capitalization at INR 250.7 billion, with a 52-week range of INR 447.20 to INR 663.90.