Ms Dhoni And Csk Owner N Srinivasan
Chennai Super Kings have won the IPL title for the 5th time. CSK defeated defending champions Gujarat Titans by 5 wickets in the final match. The rain-interrupted match was later reduced to 15 overs and CSK got a target of 171 runs. While GT scored 214 runs in 20 overs while batting first. CSK all-rounder Ravindra Jadeja made the team champion by hitting a four on the last ball of the last over. CSK, the most consistent team in the history of IPL, got Rs 20 crore as prize money. The special thing is that the CSK owner had made a profit of Rs 166 crore before winning the final match. Let us also tell you how?
Who is the owner of CSK?
The name of the owner of CSK is N Srinivasan. Whose company is named India Cement. India Cement is a big name in the country’s cement industry. It is one of the top 5 cement companies in the country, which has about 5 to 7 percent market share in the country’s cement industry. N Srinivasan has had a long association with cricket. He has also worked as the chief of BCCI. Along with this, he has also been the former chairman of ICC. By the way, there were many controversies with them as well. He bought CSK in the year 2008.
There was a rise in the shares of the company on Monday.
On Monday, the stock of N Srinivasan’s company India Cement saw a rise of about 3 per cent. After which the company’s stock closed at Rs 193.20. By the way, the company’s stock also reached Rs 193.50 during the trading session. By the way, this was the second consecutive day in the cement stock when there was a boom. By the way, the company’s stock closed at Rs 187.85 on Friday. By the way, India Cement’s 52-week high is Rs 298.45, which was on September 20, 2022.
Market cap increased by Rs 166 crore
Due to the rise in the shares of India Cement, the market cap of the company also saw an increase. When the stock market closed on Friday, the company’s market cap was Rs 5,821.41 crore. By the close of the stock market on Monday, the company’s market cap increased to Rs 5,987.21 crore. This means that the company’s market cap saw an increase of Rs 166 crore in one day. In such a situation, before CSK became the champion, the owner’s company got a profit of Rs 166 crore.
Source: www.tv9hindi.com
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