On August 20, Zomato shares worth ₹5,438.50 crore were sold in a block sale, as reported by Moneycontrol. The seller is thought to be Antfin Singapore Holding, an Alibaba Group unit. The transaction, 21 crore shares were exchanged, representing a 2.4% interest in the online meal delivery company. The purchase was concluded at a floor…
Zomato shares: A day after the meal delivery aggregator announced it was raising its platform fee to ₹6 from ₹5, Zomato’s share price soared over 4% to reach a 52-week high on Monday’s session. The expected outcome of the new platform fees, which are set to be introduced in certain cities such as Bengaluru and…
On Tuesday, July 9, the Zomato share price jumped about 3% to a new all-time high in intraday trading on the BSE. Zomato shares opened at ₹208.65 against its previous closing of ₹207.90 and shortly surged over 3% to achieve a new all-time high of ₹214. If the stock closes higher, it will be up…
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…
