Zomato gets Sebi nod for ₹8,250-cr share sale
3 years, 8 months ago

Zomato gets Sebi nod for ₹8,250-cr share sale

Live Mint  

Mumbai: The Securities and Exchange Board of India has given its nod for food delivery platform Zomato Ltd to raise funds via an initial public offering, said a person aware of the development. The company will issue fresh equity shares worth ₹7,500 crore along with the company’s early backer Info Edge India Ltd selling its stake worth ₹750 crore in Zomato’s upcoming public offering. Zomato will also likely take a pre-IPO placement, which may be undertaken in consultation with the managers for an aggregate amount not exceeding ₹1,500 crore at a final price decided by the company. Earlier, CNBC had reported that Zomato is likely to have increased the offer size to about $1.25 billion with primary fund raise likely to be about 20% higher at $1.2 billion.

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History of this topic

Zomato shares surge over 4% as rally continues for 2nd day. What next?
Trending News
1 week, 2 days ago

Zomato shares surge over 4% as rally continues for 2nd day. What next?

India Today  

Shares of food delivery giant Zomato rose sharply on Wednesday after rising over 7% in the previous trading session. It may be noted that Zomato shares are rising despite the possibility that it could face an old insolvency plea. In the previous session, Zomato shares gained over 7% at the closing bell despite the possibility of facing an old insolvency …

Zomato stock price zooms 6% today despite reports of insolvency plea
1 week, 3 days ago

Zomato stock price zooms 6% today despite reports of insolvency plea

India Today  

Shares of food delivery giant Zomato gained sharply during the trading session even as it may face an insolvency plea after one of its operational creditors moved the National Company Law Tribunal. It has come to light that Nona Lifestyle Private Limited has moved the law tribunal to restore an insolvency plea that it had filed earlier against Zomato under …

Zomato share falls for 5th straight session, crashes 11% amid weak market. Opportunity for bargain hunting?
2 weeks, 3 days ago

Zomato share falls for 5th straight session, crashes 11% amid weak market. Opportunity for bargain hunting?

Live Mint  

Food tech giant Zomato share price continued its downward trajectory for the fifth session straight on Tuesday amid weak market sentiments, losing over 11.23 per cent during this period. With shareholder approval, the resolution will result in amendments to the company’s core legal documents, including the MoA and AoA, to incorporate the new name, according to the stock exchange notification. …

Upcoming IPO: Excelsoft Technologies files draft papers with SEBI for ₹700 crore IPO
3 weeks, 5 days ago

Upcoming IPO: Excelsoft Technologies files draft papers with SEBI for ₹700 crore IPO

Live Mint  

Upcoming IPO: Global vertical SaaS company Excelsoft Technologies, on March 2, said that it has filed draft red herring prospectus with capital markets regulator Securities and Exchange Board of India to raise ₹700 crore through an initial public offering. As per the DRHP, the Karnataka-based company's proposed IPO consists of a fresh equity issue totaling up to ₹210 crore and …

Zomato, Jio Financial Services’ entry to make Nifty 50 more expensive. Here’s why
1 month ago

Zomato, Jio Financial Services’ entry to make Nifty 50 more expensive. Here’s why

Live Mint  

The entry of new-age tech stocks Zomato and Jio Financial Services into the benchmark Nifty 50 is expected to expand the index’s valuation by 2.5%. Zomato and Jio Financial Services will enter the Indian stock market benchmark index Nifty 50 from March 28, 2025, as announced by the National Stock Exchange, in the upcoming semi-annual indices reshuffle. The food delivery …

Jio Financial Services and Zomato to Enter Nifty 50 from March 28
1 month ago

Jio Financial Services and Zomato to Enter Nifty 50 from March 28

Deccan Chronicle  

Jio Financial Services and Zomato will be included in the Nifty 50 index from March 28, 2025, replacing Britannia Industries and Bharat Petroleum Corporation, according to a release by the National Stock Exchange.The decision was made by the Index Maintenance Sub-Committee of NSE Indices as part of its periodic review. The changes will take effect from the close of trading …

Zomato best-performing startup, Paytm worst
1 month, 1 week ago

Zomato best-performing startup, Paytm worst

Deccan Chronicle  

Chennai: While several startups are preparing for IPOs, Zomato has emerged as the best-performing startup, delivering a remarkable return of 187.93, while Paytm has plunged 65.69 per cent from the issue price. Zomato has emerged as the best-performing startup in the public markets, delivering a remarkable 187.93 per cent from its issue price of Rs 76. Other notable gainers include …

Explained: Why Zomato share price plunged over 5% today
1 month, 2 weeks ago

Explained: Why Zomato share price plunged over 5% today

India Today  

Shares of food delivery giant Zomato fell over 5% in early trade on Tuesday, continuing its poor run. Shares of the company have been under pressure ever since global brokerage firm Jefferies raised concerns over rising competition in the quick commerce space. While 2024 was a breakout year for Zomato’s stock in terms of valuation growth, Jefferies analysts indicated that …

What Zomato by any other name means for its business and investors
Trending News
1 month, 2 weeks ago

What Zomato by any other name means for its business and investors

Live Mint  

Bengaluru: Zomato Ltd’s decision to carve out a distinct identity for its parent entity will allow it greater freedom in exploring its ambitions without putting all its eggs in one basket, while providing investors more granular insights into the company, say industry experts. Zomato’s rebranding aligns with the food-delivery giant’s growing focus on its quick-commerce brand Blinkit, restaurant supplies business …

Zomato, Swiggy shares in focus post income tax relief in Budget 2025. What’s the road ahead for the new-age stocks?
1 month, 3 weeks ago

Zomato, Swiggy shares in focus post income tax relief in Budget 2025. What’s the road ahead for the new-age stocks?

Live Mint  

Budget 2025: Shares of Zomato and Swiggy increased by 9-10% following Finance Minister Nirmala Sitharaman's declaration of an income tax exemption for individuals with an annual income of up to ₹12 lakh in the Union Budget 2025. As a result, companies in the Fast-Moving Consumer Goods sector are likely to benefit overall, and services like Swiggy and Zomato can be …

Zomato share price falls 5%, plunges 18% in 3 days. Is there more pain ahead for this new-age tech stock?
2 months ago

Zomato share price falls 5%, plunges 18% in 3 days. Is there more pain ahead for this new-age tech stock?

Live Mint  

Falling for the third consecutive session, Zomato share price cracked 5 per cent in morning trade on the BSE on Wednesday, January 22. On January 20, the company reported a 57.3 per cent decline in its net profit to ₹59 crore for Q3FY25, compared to ₹138 crore in the corresponding period last year. Zomato's revenue from operations rose 64.4 per …

Zomato shares down over 23% in a month. Should you buy or avoid?
2 months ago

Zomato shares down over 23% in a month. Should you buy or avoid?

India Today  

Shares of Zomato fell for the third straight session, continuing its poor run on Dalal Street after reporting Q3FY25 results. The fall in Zomato’s share price comes after a period of strong gains as its profit in the third quarter dipped sharply to Rs 59 crore. Despite the fall in Zomato’s share price, brokerage firms remain optimistic about the company, …

Zomato share price falls over 10% after Blinkit investment strains profit margin
2 months, 1 week ago

Zomato share price falls over 10% after Blinkit investment strains profit margin

Hindustan Times  

Zomato share price: Zomato Ltd shares plummeted on Tuesday, January 21, 2025 after the company posted weak results for the third quarter of the financial year 2024-25. Zomato share price: The logo of Indian food delivery company Zomato is seen on its app on a mobile phone displayed in front of its company website in this illustration picture taken July …

Zomato shares continue to slump for 2nd day; plunge 12 pc
2 months, 1 week ago

Zomato shares continue to slump for 2nd day; plunge 12 pc

Live Mint  

New Delhi, Jan 21 Shares of food tech unicorn Zomato plummeted 12 per cent in the morning trade on Tuesday after the food delivery aggregator reported a 57.2 per cent drop in consolidated net profit for the December quarter to ₹59 crore. Meanwhile, shares of Swiggy also declined over 10 per cent on the stock exchanges after its peer competitor …

Zomato Stocks Plunge Nearly 10 Per Cent, See Why The Food Delivery Firm's Share Price Is Falling
2 months, 1 week ago

Zomato Stocks Plunge Nearly 10 Per Cent, See Why The Food Delivery Firm's Share Price Is Falling

ABP News  

The shares of online food delivery and quick commerce major, Zomato, took a major beating in the stock market on Tuesday. The company’s shares declined close to 10 per cent in the morning market hours following disappointing results declared for the third quarter on Monday. At 10:30 AM, the firm’s shares traded at Rs 216.90 apiece on the BSE and …

Zomato share price plunges over 9% after Q3 PAT slumps 57% YoY. Time to buy or sell?
2 months, 1 week ago

Zomato share price plunges over 9% after Q3 PAT slumps 57% YoY. Time to buy or sell?

Live Mint  

Zomato share price slumped over 9% in Tuesday's session following weak results for the December 2024 quarter. Here's what brokerages and analysts said on Zomato stock following its earnings announcement: Tech View According to Osho Krishan, Sr. Analyst, Technical & Derivatives, Angel One, Zomato experienced a significant decline of nearly 8 per cent after the release of its Q3 earnings …

Zomato Q3 Results: Net Profit Declines 57% To Rs 59 Crore
2 months, 1 week ago

Zomato Q3 Results: Net Profit Declines 57% To Rs 59 Crore

ABP News  

Food delivery platform Zomato reported a 57 per cent decline in consolidated net profit, which stood at Rs 59 crore for the third quarter of FY25, compared to Rs 138 crore during the same period last year. The company's revenue surged 64.9 per cent year-on-year, reaching Rs 5,405 crore in the October-December quarter, up from Rs 3,288 crore in Q3FY24. …

Zomato Q3 Results: Net profit drops 57% to ₹59 crore, revenue up 64.4%; GOV for B2C biz rises 57% YoY
2 months, 1 week ago

Zomato Q3 Results: Net profit drops 57% to ₹59 crore, revenue up 64.4%; GOV for B2C biz rises 57% YoY

Live Mint  

Zomato Q3 Results: Zomato announced its October-December quarter results for fiscal 2024-25 on Monday, January 20, reporting a drop of 57.3 per cent in net profit to ₹59 crore, compared to ₹138 crore in the corresponding period last year. The leading food delivery app major's net profit plunged due to margins, which continues to face pressure from the high spending …

Zomato shares decline 7% as Q3 profit tumbles over 57%
2 months, 1 week ago

Zomato shares decline 7% as Q3 profit tumbles over 57%

India Today  

Shares of Zomato fell as much as 7% on Monday after the company reported a 57.24% decline in year-on-year consolidated net profit in the third quarter of FY25. However, on a quarter-on-quarter basis, the adjusted EBITDA fell 14% due to accelerated investments towards new store openings and customer acquisition in the quick commerce business. Zomato CEO Deepinder Goyal said, "The …

Zomato stock down 21% from 52-week high amid market pessimism: Should you buy, sell, or hold to build sizable positions?
2 months, 1 week ago

Zomato stock down 21% from 52-week high amid market pessimism: Should you buy, sell, or hold to build sizable positions?

Live Mint  

Zomato stock check: The stock price of leading food delivery app Zomato is currently trading 21 per cent below its 52-week high mark of ₹304.50 amid the current pessimism in the Indian stock market over persistent foreign capital outflows and stretched valuations. Zomato's stock faces investor concerns about accelerated investments in Blinkit’s supply chain and rising competitive pressures in quick …

Upcoming IPOs: Dr. Agarwal’s and Regreen Excel get SEBI nod to raise funds via public issue
2 months, 2 weeks ago

Upcoming IPOs: Dr. Agarwal’s and Regreen Excel get SEBI nod to raise funds via public issue

Live Mint  

The primary market is all set to witness opening of three new initial public offerings as markets regulator Securities and Exchange Board of India gives its green signal. Dr. Agarwal's, Casagrand Premier and Regreen Excel EPC are among the companies which received approval from the markets regulator to raise funds via IPO. Dr. Agarwal's IPO Dr. Agarwal Health Care, backed …

Zomato’s losing steam and the Blinkit drag
Trending News
2 months, 2 weeks ago

Zomato’s losing steam and the Blinkit drag

Live Mint  

Zomato has been a poster child of startup success. For perspective, Zomato’s food-delivery business turned profitable as early as the second quarter of FY23, but owing to the drag by Blinkit, Zomato as a whole turned profitable only in FY24. Food delivery: From strength to strength Even as Blinkit grows as a share of Zomato’s business, food-delivery has remained the …

Zomato share price tumbles 3% today as poor market run continues. What's next?
Trending News
2 months, 2 weeks ago

Zomato share price tumbles 3% today as poor market run continues. What's next?

India Today  

Shares of food delivery giant Zomato extended their decline for the fourth consecutive session, falling over 3% in early trade on Wednesday. The ongoing slide in Zomato’s stock was triggered by a downgrade from foreign brokerage Jefferies, which changed its rating from “buy” to “hold.” The brokerage also slashed its target price by 18% to Rs 275, down from Rs …

Zomato shares drop 5% after Jefferies downgrades stock, cuts target price by 18% to ₹275
2 months, 3 weeks ago

Zomato shares drop 5% after Jefferies downgrades stock, cuts target price by 18% to ₹275

Live Mint  

Shares of food aggregator Zomato fell 5 per cent on Tuesday, January 7 after global brokerage Jefferies downgraded the stock to 'Hold', according to media reports. The brokerage also reduced its target price for Zomato by 18 per cent from ₹335 to ₹275, indicating just over 9 per cent upside potential. In response to these challenges, Jefferies significantly lowered its …

Zomato share price falls after Jefferies downgrades stock, cuts target price to Rs 275
2 months, 3 weeks ago

Zomato share price falls after Jefferies downgrades stock, cuts target price to Rs 275

India Today  

Foreign brokerage Jefferies has downgraded Zomato from a ‘Buy’ to a ‘Hold’ rating, slashing its target price to Rs 275 from Rs 335, citing increased competition in the quick commerce segment. It initiated coverage on both Zomato and Swiggy with ‘Buy’ ratings, setting 12-month target prices of Rs 385 and Rs 705, respectively. ZOMATO VS SWIGGY While Zomato leads in …

Zomato first startup in Sensex 30
3 months ago

Zomato first startup in Sensex 30

Deccan Chronicle  

Chennai: Food tech giant Zomato has made history as the first Indian startup to join the Bombay Stock Exchange Sensex 30, replacing JSW Steel in the benchmark index of India’s top 30 companies. Zomato’s total market capitalization of Rs 2.7 lakh crore surpassed JSW Steel's Rs 2.24 lakh crore. However, on Monday, following its inclusion in the Sensex 30, Zomato's …

Zomato debuts on Sensex, inflows worth over ₹4,300 crore expected
Top News
3 months ago

Zomato debuts on Sensex, inflows worth over ₹4,300 crore expected

Hindustan Times  

Food delivery giant Zomato Ltd is debuting on the Bombay Stock Exchange's benchmark Sensex index on Monday, December 23, 2024, making it the first startup or newer company to do so. The logo of Indian food delivery company Zomato is seen on its app on a mobile phone displayed in front of its company website in this illustration picture taken …

Zomato shares to be in focus today. Here's why
Trending News
3 months ago

Zomato shares to be in focus today. Here's why

India Today  

Zomato shares are set to be in the spotlight today as the food delivery giant achieves a huge milestone, becoming the first new-age tech company to join the BSE Sensex’s 30-share index. Brokerage firm Nuvama has estimated inflows of $513 million into Zomato due to its inclusion in the Sensex, while JSW Steel may see outflows of $252 million. Brokerage …

Zomato share price falls over 3% after inclusion in Sensex
Trending News
3 months ago

Zomato share price falls over 3% after inclusion in Sensex

Live Mint  

Zomato share price fell over 3% on Monday after the food delivery giant was included in the benchmark BSE Sensex index. Zomato’s inclusion in the Sensex not only reflects the food delivery giant’s market leadership but also signifies the growing prominence of tech-driven companies in the Indian stock market landscape. Zomato Share Price Trend Zomato share price has delivered impressive …

Zomato slapped with ₹803 crore tax demand by GST authorities
3 months, 2 weeks ago

Zomato slapped with ₹803 crore tax demand by GST authorities

Live Mint  

Online food delivery platform Zomato, in a regulatory filing on Thursday said that it has received a tax demand of ₹803.4 crore, including interest and penalty from the GST department in Thane. The demand order has been received in respect of non-payment of GST on delivery charges with interest and penalty thereon, the company said adding that it will file …

Zomato QIP, Swiggy IPO to Reliance Industries: Where did mutual funds invest most in November?
3 months, 2 weeks ago

Zomato QIP, Swiggy IPO to Reliance Industries: Where did mutual funds invest most in November?

Live Mint  

New-age stocks caught the attention of mutual fund investors in November, with food delivery giants Zomato and Swiggy receiving the largest share of investor money. According to a recent report by Nuvama Institutional Equities, mutual funds invested ₹26,400 crore in stocks last month, with ₹5,600 crore allocated to Zomato’s Qualified Institutional Placement and ₹5,300 crore invested in its biggest competitor, …

One MobiKwik Systems IPO subscribed 7.3 times on first day of offer
3 months, 2 weeks ago

One MobiKwik Systems IPO subscribed 7.3 times on first day of offer

The Hindu  

The initial public offering of fintech company One MobiKwik Systems got subscribed 7.3 times, receiving an overwhelming response from retail investors, on the first day of sale on Wednesday. The Retail Individual Investors part got subscribed 26.71 times, while non-institutional investors category received 8.97 times subscription, and the quota for Qualified Institutional Buyers received a mere 2 per cent subscription. …

MobiKwik’s $67 million India IPO fully sold in first hour as retail investors rush in
3 months, 2 weeks ago

MobiKwik’s $67 million India IPO fully sold in first hour as retail investors rush in

Live Mint  

-Indian digital payments firm MobiKwik's 5.72 billion-rupee initial public offering was fully subscribed within the first hour of sale on Wednesday, as investors bet on strong growth prospects in India's booming online payments market. Retail investors placed bids for nearly five times the shares reserved for them, while the portion for non-institutional investors was fully sold, exchange data showed. India's …

MobiKwik IPO: Fintech major raises ₹257 crore from anchor investors ahead of subscription
3 months, 2 weeks ago

MobiKwik IPO: Fintech major raises ₹257 crore from anchor investors ahead of subscription

Live Mint  

MobiKwik IPO: One Mobikwik Systems Limited raised nearly ₹257 crore from anchor investors ahead of its IPO subscription opening for bidding tomorrow. MobiKwik Ltd allocated 92.26 lakh equity shares to 21 funds at ₹279 apiece in the anchor round, the upper end of the price band. MobiKwik IPO details MobiKwik Systems is poised to raise ₹572 crore through its IPO, …

Zomato CEO Deepinder Goyal responds to ‘false claims just to sound cool’ netizen allegations; Here’s what happened
3 months, 3 weeks ago

Zomato CEO Deepinder Goyal responds to ‘false claims just to sound cool’ netizen allegations; Here’s what happened

Live Mint  

Online food delivery platform Zomato's Chief Executive Officer Deepinder Goyal responded on Friday, December 6, to an individual on the social media platform X asking for an auditor's report on the company's “offsets” to understand the impact of the plastic recycling project. “You will note that IREC and offset purchases equal Zomato's entire carbon footprint for its food delivery business …

Zomato shares climb over 6% to record high, end 18 of last 21 months in green with 500% gain
3 months, 3 weeks ago

Zomato shares climb over 6% to record high, end 18 of last 21 months in green with 500% gain

Live Mint  

Stock Market Today: Shares of Zomato, the food delivery aggregator, achieved a new milestone in Thursday's trade on December 5, crossing the ₹300 mark for the first time in intraday trade to touch a fresh record high of ₹304.65, gaining 6.4 per cent and surpassing its previous all-time high of ₹298.25, which was recorded in September. Global brokerage firm CLSA …

After ₹20 lakh stir, Zomato CEO Deepinder Goyal has a ₹30 update
3 months, 4 weeks ago

After ₹20 lakh stir, Zomato CEO Deepinder Goyal has a ₹30 update

Live Mint  

Days after Zomato Managing Director and CEO Deepinder Goyal posted a job vacancy for Chief of Staff with an unusual requirement, online food delivery platform has launched a special Black Friday deal for its premium membership, Zomato Gold. Unlike the recruitment offer for the Chief of Staff, customers do not have to pay ₹20 lakhs to get a Zomato Gold …

Zomato raises ₹8,500 crore via QIP at ₹252.62 per share to bulk up cash reserves
3 months, 4 weeks ago

Zomato raises ₹8,500 crore via QIP at ₹252.62 per share to bulk up cash reserves

Live Mint  

Bengaluru: Food and grocery delivery player Zomato has raised ₹8,500 crore through its qualified institutional placement, allocating 33.64 crore shares at ₹252.62 apiece, it said in a filing with the stock exchanges on Friday. The Gurugram-based company’s cash balance fell to ₹10,800 crore in the September quarter of FY25 from ₹14,400 crore when it launched an initial public offering in …

BSE revises price band of Zomato, Paytm, Adani Total Gas, and 52 other stocks from November 29
4 months ago

BSE revises price band of Zomato, Paytm, Adani Total Gas, and 52 other stocks from November 29

Live Mint  

The Bombay Stock Exchange on Friday, November 28, announced that it has revised the price band of Zomato, Paytm, Adani Total Gas, and 52 other stocks, effective Friday, November 29, according to the official exchange filing. Stocks with 10% price revision According to the official notice, there are 46 company stocks for which the price band has been revised to …

Zomato Share Price Today on 27-11-2024: Zomato share price are up by 2.45%, Nifty up by 0.02%
4 months ago

Zomato Share Price Today on 27-11-2024: Zomato share price are up by 2.45%, Nifty up by 0.02%

Live Mint  

Zomato Share Price Today on 27-11-2024: At 27 Nov 11:29 today, Zomato shares are trading at price ₹287, 2.45% up from the previous closing price. On the technical front, the stock is trading above the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & 300 days. The SMA …

Zomato shares up 131% this year: Should you buy multibagger stock?
4 months ago

Zomato shares up 131% this year: Should you buy multibagger stock?

India Today  

Food delivery giant Zomato’s shares surged over 131% on a year-to-date basis, delivering multibagger returns to investors. Zomato plans to invest Rs 2,100 crore in Blinkit’s capex over FY2026-28, including the development of dark stores and warehousing capabilities. The brokerage noted that Zomato’s food delivery business continues to grow, with a 24% year-on-year increase in power customers to 34 lakh …

Deepinder Goyal's Zomato opens ₹8,500 crore QIP share sale, floor price at ₹265.91 per share
4 months ago

Deepinder Goyal's Zomato opens ₹8,500 crore QIP share sale, floor price at ₹265.91 per share

Hindustan Times  

Food delivery giant Zomato Ltd has approved a Qualified Institutional Placement, with a floor price of ₹265.91 per share, according to an exchange filing on Monday, November 26, 2024. The logo of Indian food delivery company Zomato is seen on its app on a mobile phone displayed in front of its company website in this illustration picture taken July 14, …

Zomato Share Price Today on 26-11-2024: Zomato share price are up by 0.8%, Nifty up by 0%
4 months ago

Zomato Share Price Today on 26-11-2024: Zomato share price are up by 0.8%, Nifty up by 0%

Live Mint  

Zomato Share Price Today on 26-11-2024: At 26 Nov 11:13 today, Zomato shares are trading at price ₹275.8, 0.8% up from the previous closing price. On the technical front, the stock is trading above the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & 300 days. The SMA …

Zomato CEO Deepinder Goyal forgoes Rs 3.5 crore salary till FY26
4 months ago

Zomato CEO Deepinder Goyal forgoes Rs 3.5 crore salary till FY26

India Today  

Deepinder Goyal, the CEO of food delivery platform Zomato, has decided to forgo his annual salary of Rs 3.5 crore until the end of the financial year 2026. He owns a 4.18% stake in Zomato, which is currently valued at over Rs 10,000 crore, based on the company’s closing share price on November 25. ZOMATO’S MARKET PERFORMANCE Zomato has achieved …

Zomato Share Price Today on 25-11-2024: Zomato share price are up by 6.7%, Nifty up by 1.81%
4 months ago

Zomato Share Price Today on 25-11-2024: Zomato share price are up by 6.7%, Nifty up by 1.81%

Live Mint  

Zomato Share Price Today on 25-11-2024: At 25 Nov 11:17 today, Zomato shares are trading at price ₹281.85, 6.7% up from the previous closing price. On the technical front, the stock is trading above the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & 300 days. The SMA …

Zomato Shares Surge 6 Per Cent. Here's Why
Trending News
4 months ago

Zomato Shares Surge 6 Per Cent. Here's Why

ABP News  

Shares of Zomato soared as much as 6 per cent in early trade on Monday, fueled by two major developments, its inclusion in the benchmark BSE Sensex and shareholder approval for a Rs 8,500 crore Qualified Institutional Placement. The inclusion highlights Zomato's impressive market performance, with the stock rallying over 113 per cent this year. The company's cash reserves saw …

Zomato Share Price Today on 22-11-2024: Zomato share price are down by -0.99%, Nifty up by 1.21%
4 months ago

Zomato Share Price Today on 22-11-2024: Zomato share price are down by -0.99%, Nifty up by 1.21%

Live Mint  

Zomato Share Price Today on 22-11-2024: At 22 Nov 12:43 today, Zomato shares are trading at price ₹264.1, -0.99% down from the previous closing price. On the technical front, the stock is trading above the 10,20,100,300 days SMA & lower than the 5,50 day SMA. The stock will have support at 10,20,100,300 days SMA & face resistance at 5,50 days …

Zinka Logistics Solution shares make muted debut, list at ₹280.90, up 2.89% from IPO price
4 months ago

Zinka Logistics Solution shares make muted debut, list at ₹280.90, up 2.89% from IPO price

Live Mint  

Zinka Logistics Solution IPO listing: Zinka Logistics Solution shares made a muted debut on the bourses on Friday, November 22. The digital platform for truck operations, which owns the BlackBuck App, has fixed the Zinka Logistics Solution IPO price band at ₹259 to ₹273 per equity share. About the IPO Zinka IPO was a combination of fresh issue of 2.01 …

Zomato CEO says candidates will not have to pay Rs 20 lakh fee for Chief of Staff role: Story in 10 points
4 months ago

Zomato CEO says candidates will not have to pay Rs 20 lakh fee for Chief of Staff role: Story in 10 points

India Today  

Zomato CEO Deepinder Goyal has announced that the much-discussed requirement of paying Rs 20 lakh for the Chief of Staff position is no longer part of the plan. Zomato CEO says candidates will not have to pay Rs 20 lakh fee: Story in 10 points -Goyal revealed that the Chief of Staff role has received over 18,000 applications and highlighted …

10K applications received for 'Rs 20 Lakh fee' job at Zomato
4 months, 1 week ago

10K applications received for 'Rs 20 Lakh fee' job at Zomato

Deccan Chronicle  

Zomato CEO and co-founder Deepinder Goyal stirred a debate upon announcing a highly unconventional job opening for the role of Chief of Staff. The job has an unusual twist -- instead of a salary, the selected candidate must pay a Rs 20 lakh “fee," which will be donated to the charity Feeding India, a cause supported by Zomato. Goenka argued …

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