Paytm shares faced pressure as three block trades, totaling up to 1.1 percent of equity or approximately 72.5 lakh shares, were reportedly transacted, according to a Bloomberg report. The identities of buyers or sellers were not immediately disclosed. One 97 Communications’ shares experienced a decline with significantly higher trading volumes, exceeding 3.2 times the three-month…
Zomato stock: saw a decline of over 5 percent on May 31 following a forecast by foreign brokerage Macquarie, predicting a nearly 50 percent drop in the food delivery platform’s share price over the next 12 months due to heightened competition in the quick commerce sector. As of 11:33 am, Zomato shares were trading at…
Zomato shares: Zomato’s stock experienced a 6% decline today following the company’s Q4 earnings announcement. In the fourth quarter of FY24, Zomato reported a consolidated net profit of ₹175 crore, a notable turnaround from the ₹188 crore loss recorded in the same period last year. This represents a 27% increase from the ₹138 crore profit…
Zomato, the food delivery giant, disclosed in a regulatory filing on April 19 that it has been issued a GST demand and penalty order amounting to A total amount of Rs 11.81 crore for July 2017 through March 2021. The order comprises a GST demand totaling Rs 5.9 crore along with an equal amount imposed…
Stock Market Updates: Amidst encouraging signals from global peers, equity benchmark indices got off to a solid start on the first trading day of the 2024–25 fiscal year. At 74,166, the S&P BSE Sensex was up more than 500 points. A test of the 22,500 levels was observed for the NSE Nifty 50. – Stock…
NMDC: The most active stocks on the NSE in terms of volumes were SJVN Ltd, YES Bank, NMDC Ltd, Indian Railway Finance Corporation Ltd (IRFC), and NHPC. These companies had a surge in value. In Thursday’s trading session, stocks such as YES Bank Ltd, SJVN Ltd, Indian Railway Finance Corporation Ltd (IRFC), NMDC Ltd, and…
Zomato share price: In early trading on Friday, Zomato’s share price surged over 4%, reaching a new 52-week high following the company’s impressive quarterly results for December 2023. The strong growth in food delivery businesses drove this performance. Zomato shares peaked at ₹150.25 each on the BSE, marking a gain of 4.34%. In the third…
