Here’s a quick look at stocks likely to be in focus in today’s trade. Zomato and One 97 Communications: Zomato has made a significant leap into the entertainment sector by acquiring Paytm’s ticketing business for ₹2,048.4 crore ($244 million). This acquisition includes Paytm’s ‘TicketNew’ and ‘Insider’ platforms, which focus on movie and live event ticketing, …
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, …
Information technology (IT) services company Cyient announced on Tuesday, August 20, that its board approved the sale of a 14.5 per cent stake in its subsidiary Cyient DLM Ltd through a block deal. Cyient plans to close the stake sale of its subsidiary, Cyient DLM, on August 21, 2024. “The Board of Directors of the …
Cyient DLM Q3 result: Cyient DLM reported a 25.8% sequential rise in its net profit to ₹18.44 crore in the October-December quarter of financial year 2023-24. The company had reported a net profit of ₹14.65 crore in the year-ago period. The electronic manufacturing services (EMS) company had reported a net profit of ₹5.7 crore in …