IPO

LG Electronics weighs India IPO to help chase $75 billion goal

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LG Electronics weighs India IPO to help chase $75 billion goal

To reach its goal of $75 billion in electronics sales by 2030, LG Electronics Inc. is thinking about going public with its India division, capitalising on the country’s thriving stock market. Reviving a decades-old consumer electronics firm is a priority for Chief Executive Officer William Cho, and one of the options being considered is a … Read more

Positron Energy IPO allotment to be out soon: Here’s how to check the status

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Positron Energy IPO allotment to be out soon: Here’s how to check the status

Investment-related industries and PSUs were categorized by the brokerage as trading at “frothy” prices. The market’s assumption of a persistently robust investment cycle has caused the multiples for these industries to rocket to unprecedented heights. Faith in various “narratives” surrounding PSU equities, which we find difficult to understand in light of the astounding revenue and … Read more