Billionaire Gautam Adani’s food venture is best-performing Asia IPO - Economic Times

Shares in the firm, a joint venture between the group controlled by Asias richest person Gautam Adani and Singapores Wilmar International Ltd., have outperformed 121 Asian initial public offerings worth over $100 million this year. Almost two-thirds of the re…

Indias Ltd. is an outlier among Asias newly listed stocks. The food company has almost tripled since its debut while most newcomers are trading under water. Shares in the firm, a joint venture betwe… [+1913 chars]

full article...