streetAsia s premium subscription service Unlock your competitive advantage in a rapidly evolving landscape. Our packages come with exclusive access to archive content, data, discount on summit tickets & more. Be a part of our growing community now. SUBSCRIBE NOW
Singapore Reporter/s
In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digi
The Globe and Mail Bookmark Please log in to listen to this story. Also available in French and Mandarin. Log In Create Free Account
Getting audio file . This translation has been automatically generated and has not been verified for accuracy. Full Disclaimer
Inside the Market’s roundup of some of today’s key analyst actions
Though he thinks its US$1.68-billion acquisition of
TC Pipelines LP (TCP-N) “does not move the needle in terms of upside,” Industrial Alliance Securities analyst Elias Foscolos raised his rating for TC Energy Corp. (TRP-T) to “strong buy” from “buy” based on its recent trading price.
Massive first day IPO gains evoke bubble risk in Asian capital markets | WSAU News/Talk 550 AM · 99 9 FM wsau.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wsau.com Daily Mail and Mail on Sunday newspapers.
By Ronojoy Mazumdar
Burger King India Ltd. surged 131 per cent on its first day of trading, the latest successful debut after a spurt of technology company listings helped boost India’s initial share sale pipeline.
The operator of Burger King-branded restaurants in India saw demand nearly 157 times more than the number of shares in its initial public offering earlier this month. With restaurants open for business post-lockdown and vaccines on the way, investors are betting that Indians will soon be thronging fast food chains.
The stock began trading at 115 rupees versus an offer price of 60 rupees and climbed to a high of 138.40 rupees at the 3:30 p.m. close of trade in Mumbai. The debut is the best since 2017 when Astron Paper & Board Mill Ltd. jumped 142 per cent.
Burger King India shares surge, a day after stellar market debut
Premium
1 min read
Share Via
Read Full Story
Burger King shares surged 16% today to ₹160, a day after more than doubling in price on the listing day. In a remarkable market debut, shares of Burger King India on Monday zoomed nearly 131% against its issue price of ₹60. After today s rise, Burger King shares are up about 166% as compared to its issue price. The market cap of Burger India has now zoomed to nearly ₹5,900 crore.
Burger King s market debut on Monday was best since 2017 when Astron Paper & Board Mill Ltd. jumped 142%.
TRENDING STORIESSee All