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EasyJet shares rally 10% on potential $7.3 billion acquisition by Castlelake
EasyJet shares jumped nearly 10% after the airline reached an agreement in principle with US investment firm Castlelake over a potential $7.3 billion acquisition. Castlelake's revised offer of £6.90 per share represents a nearly 24% premium to easyJet's previous closing price.
Blinkit takes the premium groceries route with ‘Gourmet’ to lift order values
Blinkit’s premium pilot operates through dedicated dark stores featuring niche brands, signalling the quick-commerce leader’s latest push to capture affluent shoppers and strengthen its competitive edge.
Kusumgar IPO GMP signals 41% listing pop: 10 key things to know from the RHP ahead of offer launch on Wednesday, 8 July
As Kusumgar prepares for its IPO launch on July 8, the grey market hints at a promising 41% premium. With insights from its Red Herring Prospectus, discover vital information about the company’s operations and financials.
Adon Agro Commodities share price hits upper circuit after listing at a 12% premium; details here
Adon Agro Commodities shares are listed at ₹78.25 on the BSE SME, up almost 12% over the issue price of ₹70. The SME stock extended gains and hit its upper price band of ₹82.16, up more than 17% from the issue price.
BSE SME Adon Agro packs a premium punch on listing day
Adon Agro Commodities traded at Rs 82.16 on the BSE, a 17.37% premium to the issue price of Rs 70.
IC Electricals IPO GMP Surges 50%+; Latest Grey Market Premium Signals Strong Listing
The IC Electricals IPO is a book-building issue of Rs 47.91 crore.
Adon Agro Commodities shares list at 12% premium over IPO price on BSE SME platform
Adon Agro Commodities experienced a robust stock market debut, listing at a nearly 12% premium on the BSE SME platform, surpassing grey market expectations. The company, which deals in dry fruits, nuts, seeds, and berries, raised Rs 44.03 crore through its IPO. Adon Agro boasts a diversified revenue model and has seen significant customer base expansion, highlighting its growing operational scale.
Aastha Spintex shares to list today. Check GMP ahead of debut
The Rs 170 crore public issue has been commanding a grey market premium (GMP) of around 2% ahead of its listing. If the sentiment holds, the shares could debut near Rs 139, slightly above the IPO's upper price band of Rs 136, signalling a muted listing gain for investors.
Radico Khaitan eyes 20 pc volume growth in premium portfolio in FY27
Radico Khaitan anticipates a robust 20% growth in its premium spirits segment this fiscal year, alongside a 120 basis point margin expansion. The company is capitalising on the rising popularity of white spirits, particularly vodka, and aims to expand its luxury portfolio. With strong sales in FY26, Radico Khaitan is strategically focusing on innovation and global market penetration for its Indian brands.
E20 rollout fuels demand for premium petrol amid mileage, engine concerns
As E20 becomes the default fuel across India, more and more motorists are opting for higher-octane petrol amid concerns that E20 could hurt mileage and engine performance.
Next stop: Ad break? DMRC plans in-train audio ads on 4 metro lines
Delhi Metro is set to introduce in-train audio advertisements on its Red, Yellow, Blue, and Magenta lines to boost revenue. This move aims to transform trains into a premium advertising platform, mirroring global transit systems. Advertisements will be aired only during silent intervals between essential passenger announcements, ensuring information flow remains uninterrupted.
'Telcos may do well in Q1; tariff hikes likely in H2,' say analysts
Telecom operators are poised for single-digit revenue growth this quarter, driven by steady subscriber additions and users opting for premium 4G/5G plans. Analysts anticipate tariff hikes in the latter half of the fiscal year, with projections ranging from 10-20%. Bharti Airtel and Vodafone Idea are expected to see user base expansion, contributing to ARPU increases, though recent earnings reflect the absence of immediate price adjustments.