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Highway Infrastructure Share Price LIVE: Shares list at 67% premium over IPO price

Highway Infrastructure Share Price LIVE: Shares list at 67% premium over IPO price

Mint4 days ago
12 Aug 2025, 11:56 AM IST
Highway Infrastructure Share Price LIVE: Established in 1995, Highway Infrastructure Ltd (HIL) operates in tollway collection, EPC (Engineering, Procurement, and Construction) projects, and the real estate sector.
Based in Indore, the company specializes in the construction and maintenance of roads, highways, bridges, and residential developments.
12 Aug 2025, 10:34 AM IST
Highway Infrastructure Share Price LIVE: Highway Infrastructure share price surged by ₹ 75 from IPO price on Tuesday after strong listing.
12 Aug 2025, 10:11 AM IST
Highway Infrastructure Share Price LIVE: The market capitalisation of Highway Infrastructure currently stands at ₹ 881.02 crore.
12 Aug 2025, 10:05 AM IST
Highway Infrastructure Share Price LIVE: Highway Infrastructure share price rose as much as 5% to ₹ 122.84 apiece on BSE on Tuesday, August 12, immediately after making strong debut on Indian stock market.
12 Aug 2025, 10:01 AM IST
Highway Infrastructure Share Price LIVE: Highway Infrastructure shares made a strong market debut on Tuesday, listing at a 67% premium to their IPO price. The stock opened at ₹ 117 on the BSE and at ₹ 115 on the NSE.
12 Aug 2025, 09:53 AM IST
Highway Infrastructure Share Price LIVE: Highway Infrastructure IPO subscription status was 300.61 times on the final day of the share sale on Thursday. The portion allocated to non-institutional investors was subscribed 447.32 times, while the segment for Qualified Institutional Buyers (QIBs) was subscribed an impressive 420.57 times. The retail individual investors (RIIs) segment attracted a subscription rate of 155.58 times.
12 Aug 2025, 09:41 AM IST
Highway Infrastructure Share Price LIVE: According to Harshal Dasani Business Head, INVasset PMS, the ₹ 49.50 crore issue has a grey market premium of about ₹ 20, indicating an implied listing range near ₹ 91, which translates into an estimated 28% upside.
'With India's infrastructure allocation for FY26 crossing ₹ 11 lakh crore, sector tailwinds remain strong. However, risks persist in the form of execution delays, rising raw material costs, and dependency on government contracts. While short-term listing gains appear likely, sustained performance will depend on order inflow, timely project completion, and margin management,' said Harshal Dasani.
12 Aug 2025, 09:27 AM IST
Highway Infrastructure Share Price LIVE: Highway Infrastructure IPO GMP today is +24. This indicates Highway Infrastructure share price were trading at a premium of ₹ 24 in the grey market, according to market experts.
12 Aug 2025, 09:25 AM IST
Highway Infrastructure Share Price LIVE: The shares of Highway Infrastructure is all set to make stock market debut on Tuesday, August 12. Experts signal strong debut of shares
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Swiggy's Students Rewards Program Crosses 3 Lakh Enrollments, Signing up now made easier with valid physical College ID
Swiggy's Students Rewards Program Crosses 3 Lakh Enrollments, Signing up now made easier with valid physical College ID

The Wire

time2 minutes ago

  • The Wire

Swiggy's Students Rewards Program Crosses 3 Lakh Enrollments, Signing up now made easier with valid physical College ID

BENGALURU, India, Aug. 14, 2025 /PRNewswire/ -- Swiggy (Swiggy Ltd) (NSE: SWIGGY) (BSE: 544285), India's pioneering on-demand convenience platform, today announced that it has rapidly expanded its Students Rewards Program to reach 3 lakh college students across 3,500 campuses within three months of launch. Additionally, the company shared that it has introduced sign up via physical College ID card for students. This upgrade ensures that students without a college email id can also avail the benefits of the Students Rewards Program. Students can simply search for the phrase "Identity card" on the app, upload a photo of their valid student ID card and get started. For students, the benefits are designed to make every meal and grocery run lighter on the pocket. With Swiggy One Lite available at just ₹1 for three months, they can enjoy up to 67% off on food delivery orders, flat INR 225 off on select food orders, and flat INR 50 off on Instamart purchases. Dining out becomes even more affordable with an extra 20% off on restaurant bills, and those paying via BHIM can get an additional INR 40 off, making everyday cravings and essentials more budget-friendly. From engineering labs to hostel corridors, food is a great unifier for students. We have seen some interesting trends over the last 3 months of the Students Rewards Program being live. While order volumes were highest in the metro cities, interestingly, more than one third of students who enrolled for the Students Rewards Program were from emerging towns like Manipal, Patiala, Dehradun and Mangaluru - marking popularity of this Rewards Program beyond metros. Reflecting on the rapid growth of the program, Deepak Maloo, Vice President – Food Strategy, Customer Experience & New Initiatives, Swiggy, said "The Student Rewards Program is a key part of Swiggy's larger effort to deliver greater value and convenience to young consumers. By expanding access to students who may not have a college email ID but can verify their identity with a valid college ID card, we aim to make the program even more inclusive and impactful—while deepening our presence across India's vibrant college ecosystem." To know more about the College ID verification, please visit this link- Swiggy Unveils Its First-Ever College Rankings 2025 In addition to this, Swiggy tapped into the pulse of students' food preferences across 8000 campuses and unveiled its first-ever College Rankings 2025. From midnight munchies to biryani binges, here's how students across India are making food a serious part of their college routine. • VIT Vellore, AIMS New Delhi, and IIT Madras were Snack Lovers' Paradise with the highest snack orders. • ISB Hyderabad, PGIMER Delhi, and Dr. DY Patil Medical College Pune topped the charts for protein-rich meals. • Burgers continued to be amongst the favourites. The highest number of burger orders came from KIIT Bhubaneswar, IIT Bombay and IIT BHU Varanasi. • The colleges with the most biryani orders were NIT Warangal, University of Hyderabad, Osmania University in Hyderabad, BITS Pilani Goa, and IIIT Hyderabad. • Students of IIT Bhilai, BITS Pilani Hyderabad and Malla Reddy College Hyderabad clocked highest meals items in a single order. • Thapar Institute (Patiala), IIIT (Hyderabad) and IIT (Kharagpur) redeemed the most Swiggy coupons. You can view the college rankings here. About Swiggy: Swiggy is India's pioneering on-demand convenience platform, catering to millions of consumers each month. Founded in 2014, its mission is to elevate the quality of life for the urban consumer by offering unparalleled convenience, enabled by 5.4 lakh delivery partners. With an extensive footprint in food delivery, Swiggy collaborates with over 2.5 lakh restaurants across ~718 cities. Instamart, its quick commerce platform operating in 124 cities, delivers groceries and other essentials across 20 categories in 10 minutes. Fueled by a commitment to innovation, Swiggy continually incubates and integrates new services like Swiggy Dineout and Swiggy Scenes into its app, as well as creating standalone offerings like Snacc and Pyng for opening up new market segments. Leveraging cutting-edge technology and Swiggy One, the country's only membership program offering benefits across food, quick commerce and dining out, Swiggy aims to provide a superior experience to its users. (Disclaimer: The above press release comes to you under an arrangement with PRNewswire and PTI takes no editorial responsibility for the same.). PTI This is an auto-published feed from PTI with no editorial input from The Wire.

Nifty India Consumption Index: Investing smartly in the spending basket
Nifty India Consumption Index: Investing smartly in the spending basket

Economic Times

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Nifty India Consumption Index: Investing smartly in the spending basket

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The RBI's 100 basis points rate cut is also set to give a thrust to credit that many segments in the consumption basket have corrected since September 2024 and are yet to recover significantly, there is some value comfort emerging in those sectors. Structurally, favourable demographics, improving per capita income, continuing urbanisation, premiumisation in purchases, formalisation in the economy and digitisation provide a long runway for the theme's growth. For investors, taking a passive approach through the Nifty India Consumption Index could be an effective way to gain exposure. India has one of the youngest populations in the world, with a median age of just 29 years compared to around 39 years for the US and China, favouring a larger potential India's steady economic growth (6-7%), the country's per capita income could double to around $5000 in the next 5-7 years, unleashing increasing consumption spending.A recent report from Deloitte says that by 2030, India may add around 75 million middle-income and 25 million rich and affluent households, making it one of the fastest-growing consumer markets to Invest India, digital shopping by mass consumers is likely to add ~45% to the gross merchandise value of e-commerce by 2030. Indian retail is aiming for a $2 trillion valuation by 2033. Electric vehicles are expected to account for about 40% of the Indian automotive market by 2030, generating $100 billion in is also on track to achieve 1 billion internet users by 2025. Monthly data usage has increased from just 61.7 MB in 2014 to 18.4 GB in retail in India is expected to grow to $85-90 billion by 2030, according to Bain & these data points suggest a structural story on India's consumption that could play out over the next 10-15 years. Also Read | SBI Mutual Fund: HDFC Bank and ITC among top 10 stock holdings in July As such, the consumption basket comprises several sectors and sub-segments spanning different industries. FMCG, automobiles, realty, healthcare, consumer services, retail, telecommunications, consumer durables, e-commerce, media & entertainment and power are some of the sectors that are part of the domestic consumption of these sectors has its own dynamics and business cycles. For retail investors, it may be difficult to pick specific segments and may therefore be better off taking the index route. The Nifty India Consumption Index contains a diverse range of stocks from the sectors mentioned earlier. The benchmark has 30 stocks across nine sectors. The weightage to individual stocks is restricted to 10%. This index is rebalanced semi-annually. On a point-to-point basis, the Nifty India Consumption index has delivered above-average returns over the past three, five and 10-year periods. The index has even outperformed broader indices mildly over the 10-year rolling returns, too, the Nifty India Consumption Index scores well. On a 5-year rolling returns basis from August 2010 to August 2025, the consumption index has delivered higher mean (14.7%) and median (15.02%) returns compared to broader indices. Also Read | Top 5 mid cap mutual funds to invest in August 2025 Investors seeking to participate in India's consumption growth story without the complexity of stock picking can consider taking exposure to the Nifty India Consumption Index through the ETF route. This enables passive investing in a diversified basket of companies across multiple consumption-driven sectors, offering broad-based exposure while adhering to the index's systematic weighting and rebalancing methodology. The ETF route also provides benefits such as lower costs and the convenience of liquidity, allowing investors to buy or sell units on the exchange like any other stock. (Author of the article is Chintan Haria, Principal - Investment Strategy at ICICI Prudential AMC ) (Disclaimer: The opinions expressed in this column are that of the writer. The facts and opinions expressed here do not reflect the views of

Why sales enablement is emerging as the next hot vertical in India's SaaS startup ecosystem
Why sales enablement is emerging as the next hot vertical in India's SaaS startup ecosystem

Economic Times

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Why sales enablement is emerging as the next hot vertical in India's SaaS startup ecosystem

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