Cheers to IPL exit! Brokerages say Rs 16,660-crore RCB stake sale will unlock value for United Spirits

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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.