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Market Chatter: Temasek-backed Milky Mist Dairy Food Jumps 30%

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Temasek-backed Milky Mist Dairy Food's shares jumped 30% in their Tuesday debut on the Indian bourse to value the company at 139.7 billion Indian rupees, Reuters reported the same day.

The dairy product maker's shares listed at 181.5 rupees, a premium of nearly 30% to their 140 rupee issue price, the report said.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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