Chennai Super Kings back on investor radar as shares rise
Billionaire investor and founder of D’Mart Radhakishan Damani is said to have increased his stake in CSK from time to time.
Synopsis
The team has won 106 matches out of 180 played in the IPL till last year, show a market estimate by Analah Capital. CSK has participated in 11 out of the 13 IPL seasons and won the trophy for three times, and were the first runner-up five times.
Mumbai: Indian Premier League franchise Chennai Super Kings (CSK) is said to be making a comeback to the investor radar, even as the 14th edition of the cricket league is underway despite the pandemic.
CSK’s unlisted shares are trading at Rs 75-80 apiece in the unofficial market, marginally lower than about a month ago but still higher than the Rs 45-55 levels they had dropped in June last year.
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