Recently, the Zomato CEO became the first in India to take delivery of the new Aston Martin DB12. And even as the furore continues on his Aston Martin buy, HSBC continues to maintain Buy on the Zomato stock HSBC’s recent report on Zomato reveals an optimistic outlook for the company, with key adjustments to order …
Tata Power: Company gets LoI to buy Jalpura Khurja Power Transmission; to develop transmission project with cost of Rs 838 crore (Positive) Crisil: Net profit of Rs 231.0 cr, up 110.4 percent, Revenue up 34.3% at Rs 628.0 cr (YoY) (Positive) Defence stocks: DAC clears capital acquisition proposals worth ₹84,560 cr (Positive) NTPC: Company signs …
Tata Power: Company gets LoI to buy Jalpura Khurja Power Transmission; to develop transmission project with cost of Rs 838 crore (Positive) Crisil: Net profit of Rs 231.0 cr, up 110.4 percent, Revenue up 34.3% at Rs 628.0 cr (YoY) (Positive) Defence stocks: DAC clears capital acquisition proposals worth ₹84,560 cr (Positive) NTPC: Company signs …
Zomato Ltd on Thursday said its consolidated net profit stood at Rs 138 crore for the December quarter compared with a profit of Rs 36 crore in the September and a loss of Rs 367 crore in the year-ago quarter. The profit figure was higher than Street estimate of Rs 50-70 crore. The bottom line …
Zomato share price jumped over 4% in early trade on Friday to hit a fresh 52-week high after the company reported impressive results for the quarter ended December 2023 led by robust growth in food delivery businesses. Zomato shares gained as much as 4.34% to new high of ₹150.25 apiece on the BSE. The online …
Equity benchmarks the Sensex and the Nifty traded bullish on February 2, jumping over a percent each with an end to Budget and amid strong global cues. Sensex jumped 1.7 percent to touch the day’s high of 72,952, while NSE Nifty 50 rose 1.8 percent to the day’s high of 22,097. Here are six stocks …
The market is taking a breather after a record breaking run took the Nifty 50 to newer highs this week. Although the Nifty 50 snapped a seven-day winning streak on Thursday, it managed to close above the 20,900 mark. For the week, the index is up over 3%. A weekly gain of over 3% would …
SoftBank, the Japanese conglomerate, is looking to divest a stake valued at ₹1,125.5 million in the food delivery company through a block deal, according to a report by CNBC-TV18. The transaction is set to take place at ₹120.5 per unit, representing a slight discount compared to the current market levels. SoftBank has been progressively reducing …