LG Electronics IPO

LG Electronics IPO debuts strong with 50% premium in early trading

ByRubaisha

The LG Electronics IPO made a powerful debut on the Indian bourses, opening with a 50% premium over the issue price. The stock listed at ₹1,125, against an issue price of ₹750, and saw heavy early demand from retail and institutional investors.  Market outlets such as Reuters, CNBC, Livemint, and The Economic Times highlighted the…

HCL Tech Shares performance chart showing steady upward trend after strong Q2 results and dividend outlook.

HCL Tech Shares gain after strong Q2 earnings beat market forecasts

ByRubaisha

HCL Tech Shares jumped in early trade after the company posted robust Q2 FY25 results that beat market expectations. The IT major reported higher revenue and healthy margins, and it announced a strong deal pipeline that lifted investor sentiment.  Brokers revised target prices upward, and both domestic and foreign investors showed renewed interest.  The positive…

TEMU

TEMU Doubles EU Profits to $120M with Lean Team of 8 Employees

ByZehra Naz

In 2024, Temu, a Chinese e-commerce platform, achieved a remarkable feat: it doubled its pre-tax profits in the European Union to nearly $120 million. What makes this achievement even more striking is that the company accomplished this with just eight employees at its Ireland-based headquarters, Whaleco Technology. Despite the minimal workforce, Temu’s revenue soared to…