RPSG shares rocket 20% after RCB’s Rs 16,600 crore deal lifts valuation benchmark for IPL teams

Shares of RPSG Ventures rose sharply after United Spirits sold the Royal Challengers Bengaluru franchise for Rs 16,600 crore, setting a new benchmark for IPL valuations. The record deal has lifted sentiment for listed franchise owners, including RPSG’s Lucknow SuperGiants stake.

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