News > CSK becomes India’s first Unicorn sports enterprise
CSK becomes India’s first Unicorn sports enterprise
Orissa Post | 30/01/2022 06:12 PM | Click to read full article
Ahead of the 15th edition of the Indian Premier League (IPL), one of its most successful franchises, Chennai Super Kings (CSK), has become the country’s first sports Unicorn with its market cap having touched a high of Rs 7,600 crores and its share in the grey market trading in the Rs 210-225 price band.
The Mahendra Singh Dhoni-led CSK, which won its fourth IPL title in Dubai last year, now has a market cap more than its parent entity, India Cements. On Friday, India Cements’ market cap stood at Rs 6,869 crores.