Street signs: Burger King GMP at 40%, FPI legroom in IndusInd, and more

Shares of IndusInd Bank have surged 47% in November - third-most among Nifty companies

Burger King GMP at 40%

Investors are looking to get a bite of the Burger King India IPO. The grey market premium (GMP) for the stock has shot up to 40 per cent of the IPO price. Analysts are of the view that the stock is priced at an attractive discount to listed peers such as Jubilant FoodWorks, which operates Domino’s Pizza and Westlife Development, master franchise for McDonald's in western and South India. “The grey market is giving a thumbs up to the IPO. The restaurant business is seeing a quick revival post easing of the lockdowns. Also, popular