Sun TV Network’s Shares Surge 5% to Reach 52-Week High Amidst Jailer’s Record-Breaking Box Office Collection and High Profit Margin
Sun TV Network’s shares hit a 52-week high, driven by the success of Rajinikanth’s latest film Jailer, which has already collected over ₹500 crore worldwide. The surge is attributed to expectations of increased revenue from the film production business, as the company recorded its highest net profit in over 10 quarters in Q1FY24.