Pine Labs surged on its first day of trading on Friday, overcoming valuation concerns as investor enthusiasm for India’s record-breaking IPO market continued to build. The payments solutions provider closed 28.5% above its issue price, valuing the company at 320.27 billion rupees ($3.64 billion).
Shares of LG Electronics India Ltd. skyrocketed 50.4% in their trading debut on Tuesday, giving the company a $13.07 billion valuation — surpassing the market capitalization of its South Korean parent, LG Electronics.
14 Oct 2025-09:55
