Cheers to IPL exit! Brokerages say Rs 16,660-crore RCB stake sale will unlock value for United Spirits
- Posted on March 25, 2026
- By Business News Today
- 6 Views
Cheers to IPL exit! Brokerages say Rs 16,660-crore RCB stake sale will unlock value for United Spirits
United Spirits Rs 16,660 crore sale of its RCB stake has been termed value accretive by brokerages, which expect improved capital allocation and potential shareholder returns. The deal, involving major investors, sets a strong valuation benchmark for IPL franchises and could act as a positive trigger for the stock.
