CSK 2023: ‘CSK’ shares boom in the market

Mumbai; circle body : Mahendra Singh Dhoni’s ‘CSK’ defeated the Gujarat Titans in the IPL final to lift the IPL trophy. Cricket world is talking about only one boat. That means Chennai Super Kings. Chennai Super Kings, led by Mahendra Singh Dhoni, have won five IPL titles. (CSK 2023)

Mahendra Singh Dhoni’s earnings have also increased rapidly in the last five years. This rate has made CSK stocks gain momentum in the unlisted market itself. This stock has grown 15 times in five years.

Along with Dhoni, other players in ‘CSK’ also earn well. In the last 16 matches, IPL has earned Rs 178 crore. ‘CSK’ has also showered money on their investors. In unlisted marketing where pre IPO stocks are bought. There the company’s share is trading at Rs.160-165. (CSK 2023)

When the shares of ‘CSK’ were demerged from India Cements, the stockholders of India Cements got shares in the ratio of 1:1. At that time the price of one share would have been Rs.12-15. After this, the price would have increased up to Rs.48-50 during the Corona epidemic in the country. The value of ‘CSK’ is approximately Rs 9,442 crore. For the year ending March 31, 2022, the company has reported a growth of 38 per cent in net revenue.

IPL’s brand value also increased

The Indian Premier League has emerged as the second most valuable sports league in the world. Brand value has increased to $8.4 billion due to the sale of new media rights and the inclusion of Gujarat Titans and Lucknow Supergiants or both new associations.

hehi vacha;