Adani Wilmar, which raised ₹3,600 crore through an IPO in February at an issue price of ₹230 per share, is currently trading at ₹672, 192% above the issue price. IPOs of Veranda Learning Solutions and Venus Pipes & Tubes have given a return of more than 130% since listing. Similarly, companies such as Aether Industries, Electronics Mart, Vedant Fashions, Hariom Pipe Industries, and Campus Activewear are trading 50% to 90% above issue price.
Jefferies says Vodafone Idea shares can soar 143% in bull case scenario. 3 reasons why brokerage is upbeat
Jefferies sees a wide risk-reward range for Vodafone Idea, forecasting up to 143% upside in its bull case and 25% downside in its bear case.
October 27, 2026