If you are a CSK fan, you are in for a double dhamaka as Thala Dhoni will be part of it in 2025, and also, its unlisted shares are once again crossing all time again. CSK’s unlisted shares are in the limelight again because of the IPL auction on November 24 and the upcoming season in March 2025. And that is not all, as the CSK performance with a 131% rise in revenue and PAT or profit after tax rose rapidly by over 340% in the financial year ending 2024. Hence, in the last two months alone, Chennai Super King’s stock price increased from Rs. 175 to over Rs. 200, reaching around Rs. 225 and soon crossing its all-time high of Rs. 235.
So, continue reading the blog until the end to find out if the Chennai Super Kings unlisted share will cross its all-time high and reach new heights to yield high profits, apart from enjoying Thala Dhoni’s participation in the team to make the 2025 IPL season special again.
Why did Chennai Super Kings’s performance skyrocket in the financial year ending 2024?
Chennai Super Kings is the first unicorn sports company in India and the favourite team to win the most cups in the IPL. With Dhoni retained by CSK, the upcoming IPL season is raising the BP of its millions of fans across India, and the spectacular performance in the business is increasing the hopes of its equal investors. Compared to the revenue generated by CSK in 2021 of Rs. 247 crores, the 2024 revenue rose over three times to Rs. 676 crores. And the PAT of Rs. 40 crores rose over five times to around Rs. 230 crores from 2021 to 2024. Such a tremendous rise in CSK performance is because of expanding business like the nine-centre expansion of Superking Ventures Pvt Ltd, apart from rising ticket sales, sponsorships, and others.
Will the CSK share cross the previous all-time to yield high returns?
Only the auction for IPL 2025 on November 24 with Dhoni in the team is already increasing the expectations of the coming season. This will increase CSK’s performance further in 2025 and raise its share price to cross its all-time high sooner rather than later. Also, with its many business ventures, like Superking Ventures expanding centres, sponsorship rights, and others, CSK’s stock price will skyrocket.
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