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UBS sees MOFSL entering structural growth phase; starts coverage with 'Buy'
Improving revenue mix, along with higher capital efficiency, UBS believes, could support a structural re-rating of the stock towards premium asset management and wealth management multiples
US-Iran peace deal eases oil risk premium, supply risks persist
Oil markets declined on US–Iran peace signals as traders unwound geopolitical risk premiums, though supply constraints and infrastructure damage are expected to limit any near-term recovery in output.
GMR Airports shares gain as Macquarie sees 20% upside on two key factors
Macquarie believes GMR Airports is well-positioned to benefit from rising premium travel demand across India, with its key gateway airports serving as important consumption hubs rather than just transit points.
Two-Wheeler Sales On Amazon Jumps Two-Fold Led By Tier Two, Three Cities
Amazon currently lists a selection from over 20 brands across electric, premium and commuter segments, including Triumph, KTM, Royal Enfield, Bajaj Auto, Ather Energy and Hero MotoCorp, supported by more than 3,000 OEM-authorized dealers.
Ashoka Buildcon gets LoA for development of gems & jewellery park in Raipur
The infra company is expected to complete the project in 5 years. The company said that the lease period is 30 years, extendable up to 90 years. The amount of premium to be paid is ₹112.40 crore, and the lease rent is 2% of ₹112.40 Crore at an escalation of 10% every 4th year.
Elon Musk becomes world's first trillionaire after SpaceX makes record debut at Wall Street
SpaceX raises $75 billion in record IPO, boosting Elon Musk past 1 trillion net worth, investors pay an Elon premium despite political and governance concerns
50% Crash On Cards? Why Morningstar Believes SpaceX Is Worth Only $63 Post IPO
The firm also believes SpaceX's IPO valuation includes a large "option premium" of $72; meaning that investors are willing to pay more than justifiable to a possibility of future breakthroughs.
SpaceX Share Price: Elon Musk's Behemoth Debuts On Nasdaq With 11% Premium
Space X lists at premium of 11%
SpaceX makes Nasdaq debut at $150, lists at 11% premium to IPO price; Musk becomes world's first trillionaire
SpaceX made a historic Nasdaq debut on June 12, listing at $150, an 11% premium to its issue price. It became the sixth-largest public company in the US and is set to lead in AI technology, shifting focus from rocket launches to infrastructure deals.
Nifty June futures trade at a premium
India VIX declined 5.73% to 14.72.
The quiet rise of Sohna: How a once-overlooked market is emerging as an alternative to Gurugram’s luxury housing
Sohna is becoming a key residential market in Delhi-NCR. Buyers now prioritize lifestyle, space, and quality of living. Improved infrastructure and connectivity make Sohna an attractive option. It offers larger homes and planned communities. This shift redefines premium living beyond traditional luxury addresses. Sohna presents a new way to live in the region.
BSH targets 2x growth in Siemens appliances as Indians upgrade to premium kitchens
Siemens, the premium kitchen appliances of German firm BSH Home Appliances Group, is expanding its network of stores and kitchenware dealers as demand surges from smaller Indian cities.