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Business Standard

India should come up with bio-plastics policy with govt support: Report

India should come out with a national bio-plastics policy with fiscal incentives like capital subsidy as well as government support for research & development, according to a report. The report titled Incentivising Bioplastics, a Biopolymer' by EY and ASSOCHAM outlines a strategic vision for transforming India's bio-plastics industry through targeted government interventions and regulatory changes along with educational campaigns and leveraging India's agricultural strengths to enhance sustainability and environmental performance. To establish India as a premier hub for production of bio-plastics, the report calls for comprehensive National Bio-Plastics Policy in India. It suggested fiscal incentives like capital subsidies of up to 50 per cent on eligible capital investments over five years to encourage the development of bioplastics manufacturing and infrastructure. The report also called for regulatory framework mandating use of bio-plastics, implementing QCOs (quality control ..

Business Standard

Archidply Decor Ltd leads losers in 'B' group

Veeram Securities Ltd, Indo Rama Synthetics (India) Ltd, Jagran Prakashan Ltd and Premier Polyfilm Ltd are among the other losers in the BSE's 'B' group today, 13 September 2024.

Business Standard

Premier Polyfilm Ltd leads gainers in 'B' group

Archidply Decor Ltd, Veeram Securities Ltd, Indo Rama Synthetics (India) Ltd and GPT Healthcare Ltd are among the other gainers in the BSE's 'B' group today, 12 September 2024.

Hindustan Times

Uber Black relaunched in India starting with Mumbai: All you need to know

Uber relaunches Uber Black in Mumbai next week, featuring premium cars and services priced 30-40% above Uber Premier.

Business Standard

Shubham Polyspin Ltd leads losers in 'B' group

Premier Energies Ltd, RPG Life Sciences Ltd, Globale Tessile Ltd and T.V. Today Network Ltd are among the other losers in the BSE's 'B' group today, 11 September 2024.

Business Standard

Max Estates achieves full occupancy for its office space 'Max House Phase 2' in New Delhi

Max Estates announced that Max House Phase 2, its premier commercial offering located in the heart of New Delhi, has achieved an impressive milestone of lease commitment for 100% of its space in less than a year of receiving its Occupancy Certificate.

Mint

Why Premier Energies is more than just a solar cell manufacturer

Premier Energies, which recently debuted on BSE and NSE is gaining more traction than prominent solar players like Tata Power.

Business Standard

Premier Explosives hits 5% upper limit on inking deal with Astra Microwave

The uptick in Premier Explosives share price came after the company announced that it has inked a memorandum of understanding (MoU) with Astra Microwave to develop and sell multiple products jointly.

Mint

Premier Energies stock plunges on profit-booking, surges 181% from IPO price; here's why

The stock started the day on a positive note, however, turned red during the intraday day session. Since listing, the Premier Energies shares have surged as much as 181 per cent over the IPO price of ₹450.

The Economic Times

Premier Energies shares continue their bull run, skyrocket 181% since listing

The surge continues as the company, earlier in the last week, announced receiving a Rs 215 crore order from the Uttar Pradesh Department of Agriculture for the supply of 8,085 solar water pumping systems across various districts in the state and is scheduled for completion by March 2025.

CNBC TV18

Premier Energies secures ₹215 crore order for solar water pumping systems in Uttar Pradesh

Shares of Premier Energies Ltd ended at ₹1,206.50, up by ₹111.10, or 10.14% on the BSE.

CNBC TV18

Premier Energies may benefit from draft list of solar cell producers; Stock up 164% from IPO price

Premier Energies shares are showing no signs of slowing following its explosive market debut of 120% surge over its IPO price of ₹450 per share.

Mint

Chelsea FC’s Backers Clearlake and Todd Boehly Weigh Ownership Options

Chelsea FC’s main shareholders are exploring their ownership of the English Premier League football club after little more than two years in charge, amid a deterioration in relations, people familiar with the matter said.

CNBC TV18

Premier Energies shares deliver 164% returns from IPO price in four days of listing

At the current market level, shares of Premier Energies Ltd. have surged by 164% from its IPO price of ₹450 per share.

Mint

Premier Energies stock advances for 3rd day in a row, gains 18.3%; trades 164% above IPO price

The stock debuted on Indian exchanges on September 3 with a massive 120% premium over its issue price of ₹450 per share. Since then, it has maintained a strong upward trend, now trading 140% higher than its IPO price.

The Economic Times

The Indian Double League: Power play revenues of top IPL franchises rise 2x in FY24

The Indian Premier League (IPL) franchises more than doubled their revenues for the year ended March 2024, thanks to increased share from the league’s central revenue pool during IPL 2023. The collective earnings of the 10 teams surged, with significant profitability improvements driven by a new media rights deal and sponsorship agreements.

Business Standard

Premier Energies spurts after bagging orders worth Rs 217 cr

Premier Energies surged 15.41% to Rs 972 after the company received an order from Uttar Pradesh Department of Agriculture for the supply, installation, and commissioning of solar water pumping systems across various districts in the state.

Business Standard

Premier Energies wins order of Rs 215 cr for solar water pumping system

From Uttar Pradesh Department of Agriculture

CNBC TV18

New listing Premier Energies shares jump 16% on winning ₹215 crore order in Uttar Pradesh

The order, from the Uttar Pradesh Department of Agriculture, involves the supply, installation, and commissioning with a five-year comprehensive warranty, the company said in an exchange filing.

The Economic Times

IPL valuation down by 11.7% on weak media rights score

The Indian Premier League's (IPL) business value has decreased by 11.7% to $9.9 billion in 2024 due to a reassessment of media rights and industry consolidation. The merger between Star India and Viacom18, along with the delay in tech giants entering the bidding, has contributed to this decline.

Mint

Premier Energies share price nosedives after listing at 120% premium. Buy, sell or hold?

Premier Energies share price crashed over 13% after giving multibagger listing gain to the lucky allottees

The Economic Times

Premier Energies shares end 15% lower after multibagger listing. Should you buy, sell or hold?

Shares of Premier Energies took a sharp fall of 13.4% after opening at a 120% premium. The IPO was highly subscribed, driven by strong investor interest. Analysts suggest that despite competitive industry conditions, Premier Energies’ strategic positioning offers potential for long-term growth. Investors are advised to consider profit booking or apply a stop loss strategy.

Business Line

Premier Energies' shares make stellar market debut; jump over 120%

The company's market valuation stood at ₹39,291.75 crore.

Business Standard

Premier Energies shares double investors money with bumper debut on bourses

Premier Energies IPO listing today: The company's shares listed at Rs 991 on the BSE, reflecting a whopping 120.22 per cent premium over the upper end of its issue price of Rs 450

CNBC TV18

Premier Energies doubles investors' wealth, lists at 120% premium over IPO price

Premier Energies IPO Listing: The stock started trading at ₹990 on the NSE and at ₹991 on the BSE, while its issue price was ₹450.

Business Line

Premier Energies Share Price Highlights September 3, 2024: Premier Energies stock falls 15% after listing at 120% premium

Premier Energies IPO listing, Premier Energies Share Price Updates for September 3, 2024: Premier Energies shares debut at 120% premium on Tuesday

Mint

Stellar listing! Premier Energies shares debut at ₹990 on NSE, a 120% premium to IPO price

Premier Energies' IPO listed at ₹990 on NSE, a 120% premium, and ₹991 on BSE. The ₹2,830.40 crore IPO saw strong demand, with overall subscription at 75 times, including 212.42 times by QIBs.

The Economic Times

Premier Energies shares debut with 120% premium over issue price

Premier Energies' IPO was highly successful, with a 74-times subscription rate, primarily due to strong non-institutional investor interest. The company will use the proceeds to invest in its subsidiary, Premier Energies Global, to partly fund a 4 GW Solar PV TOPCon Cell and Module manufacturing facility in Hyderabad.

Mint

Premier Energies Share Price Live Updates: Stock slips over 12% after blockbuster listing on the bourses

Premier Energies Share Price Live Updates: Premier Energies IPO listing date is today, September 3. Premier Energies shares will be listed on both the stock exchanges - BSE and NSE.

Business Standard

Premier Energy IPO listing prediction: Will strong GMP fuel 100% returns?

As investors anticipate the company's listing on the BSE and NSE, the strong GMP suggests a positive market reception

Mint

Premier Energies IPO listing likely tomorrow; GMP signals strong debut of shares

Premier Energies IPO listing date is fixed on September 3. Stock market analysts expect a stellar Premier Energies share listing given strong IPO subscription, market sentiments and sectorial importance.

The Economic Times

Premier Energies GMP soars a day ahead of listing. Multibagger debut on cards?

Premier Energies' shares are set to debut on the exchanges on Tuesday, with a strong grey market premium (GMP) of Rs 485. Given the upper price band of Rs 450, the stock is anticipated to list at over a 100% premium, offering potentially multibagger returns to IPO investors.

CNBC TV18

Premier Energies IPO: Stock fetching nearly 115% premium in unlisted market. Can it double on listing day?

If the current trends sustain, analysts expect Premier Energies to double investors' wealth on listing day itself i.e. on Tuesday, September 3.

The Economic Times

IPO Calendar: 2 new issues, 11 listings on investors' radar next week

The Indian IPO market is thriving, with Gala Precision Engineering and Jeyyam Global Foods set to launch their public offers next week. Additionally, 11 companies, including Premier Energies and Ecos Mobility, will list. Analysts expect continued vibrancy in the primary market.

Business Standard

Premier Energies IPO ends with 74 times subscription

The offer received bids for 330.42 crore shares as against 4.46 crore shares on offer.

Business Standard

Wait Over! Premier Energies IPO allotment today; check status, GMP & more

Premier Energies shares are commanding a GMP (Grey Market Premium) of nearly Rs 421, or 93.56 per cent over the upper end of the IPO price, indicating solid listing gains for investors

CNBC TV18

Premier Energies IPO share allotment expected today: Here’s how to check status online

Premier Energies IPO, which aimed to raise ₹2,830 crore, was open for subscription from August 27 to August 29.

Mint

Premier Energies IPO allotment date likely today. Latest GMP, steps to check allotment status online

Premier Energies IPO allotment status can be checked online through the BSE website or the official portal of IPO registrar. Kfin Technologies Limited is the Premier Energies IPO registrar.

The Economic Times

Premier Energies' IPO subscribed 74.4 times, QIB demand 2nd highest ever

The institutional demand for Premier Energies was second only to Tata Technologies. In November last year, the ₹3,042.5-crore IPO of Tata Technologies was subscribed 69.43 times, with institutional bidding amounting to ₹1.56 lakh crore.

CNBC TV18

Premier Energies secures Rs 846 crore from anchor investors ahead of Rs 2,830 crore IPO

Solar cell and module manufacturer Premier Energies Ltd on Monday said it has raised Rs 846 crore from anchor investors, a day before its initial sharesale opening for public subscription. The Rs 2,830-crore initial public offering (IPO) will open on August 27 and conclude on August 29. The price band has been set at Rs 427-450 a share.