Mumbai: The revised rules on eligibility criteria for stocks to be part of futures and options could result in the inclusion of 64 to 80 stocks and the exclusion of 18 to 23 from the segment, said analysts. Jio Financial and Zomato are strong contenders for being part of the equity derivatives segment, according to … Read more
“So, I believe Bajaj Finance is in a very favorable position, and I wouldn’t be surprised if the stock doubles in two years. The only thing we need to monitor is whether the company can guide credit costs and confirm that the worst is behind them,” says Vinit Bolinjkar, Ventura Securities. How did you assess … Read more
Paytm on Tuesday announced the completion of transferring its events and movie ticketing business to Wasteland Entertainment and Orbgen Technologies. Additionally, Zomato has subscribed to the share capital of both these subsidiaries. Following the update, shares of Paytm rose 2.5% on BSE to the day’s high of Rs 559.65, while those of Zomato gained nearly … Read more
Dalal Street’s top stock picker and billionaire Raamdeo Agrawal of Motilal Oswal Financial Services, who has been bullish on quick commerce, has picked up stakes in IPO-bound Swiggy and another unicorn Zepto. Agrawal’s interest in both the new-age businesses comes at a time when quick commerce is at an all-time high in terms of fundraising, … Read more
Zomato’s success in turning around its financials and its strategic growth initiatives have inspired confidence in the potential of other startups, says Arvind Kothari, smallcase Manager & Founder at Niveshaay.“Additionally, their ability to adapt to market demands, leverage technology, and scale efficiently has further solidified their appeal,” he says when asked to comment on Dalal … Read more
“The management strategy of expanding across various formats, expanding its food delivery, TajSATS. So, I think strategically they are doing very well and now the big focus only on managed hotels is working well for them. Stock is not cheap at these valuations at all. Like, we obviously hold for from very low levels and … Read more
Indian Railway Finance Corporation Share Price 181.44 04:11 PM | 22 Aug 2024 0.91(0.51%) One97 Communications Share Price 553.7 04:11 PM | 22 Aug 2024 -20.35(-3.55%) YES Bank Share Price 24.58 04:02 PM | 22 Aug 2024 0.13(0.54%) ITC Share Price 504.55 04:02 PM | 22 Aug 2024 -0.85(-0.17%) HDFC Bank Share Price 1631.3 04:02 … Read more
The markets continued their upward momentum, gaining nearly half a percent on Tuesday. In today’s trade, shares of Zomato, Cyient DLM, L&T, Petronet LNG, NHPC among others will be in focus due to various news developments. ZomatoAntfin Singapore Holding has sold Zomato shares worth Rs 4,771 crore via block deals on Tuesday. The stake sale, … Read more
Antfin Singapore Holding has sold Zomato shares worth Rs 4,771 crore via block deals on Tuesday. The stake sale which involved selling of over 18.54 crore shares was done in two block counts of 9.27 crore shares each. While the stock fell initially, it ended at Rs 263.20 on the NSE, gaining by Rs 1.03 … Read more
Shares of the food aggregator Zomato fell by 2% to a day’s low of Rs 257.10 on the BSE in the early trading session after Antfin Singapore reportedly sold a 2.4% stake in the company via a block deal. According to reports, approximately 21 crore shares, representing a 2.4% stake in the online food delivery … Read more
