Read more about Paisalo Digital spurts after SBI Life acquires stake on Business Standard. Paisalo Digital surged 18.68% to Rs 618.70 after SBI Life Insurance Company bought 8.98% stake in the company via bulk deal on Thursday.
Shares of Burger King were trading at Rs 116.85 at 10:07 IST on the BSE, a premium of 94.75% over the initial public offer price of Rs 60.The stock was listed at Rs 115.35, a premium of 92.25% to the initial public offer (IPO) price. So far the stock hit a high of Rs 119.50 and low of 108.40. On the BSE, 42.35 lakh shares were traded on the counter so far while on NSE 5.32 crore shares were traded.
The initial public offer (IPO) of Burger King India received bids for 1,166.93 crore shares as against 7.44 crore shares on offer. The issue was subscribed 156.65 times. The issue opened for subscription on Wednesday (2 December) and it closed on Friday (4 December). The price band for the IPO was set at Rs 59-60 per share.
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Mumbai: The world’s most expensive stock in terms of the customary parameters of price to earnings and book value multiples is an Indian clean energy company that only got listed two years ago.
Adani Green Energy has a net worth of Rs 2,600 crore while its market capitalisation was Rs 1.62 lakh crore at the end of Thursday trade.
The stock of the company, which is striving to become the world’s largest renewable company in the next decade, has seen a 717% surge in just one year, outperforming heavyweights HDFC Bank, RIL, Avenue Supermarts and TCS to emerge as the top gainer in the NSE 500. Adani Green Energy ended at Rs 1,036 Thursday on the BSE, down 2.7%.