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Zomato achieves new 52-week high at INR 123.9 following strong Q2 performance
Zomato's stocks surged by as much as 6.4% during intraday trading on the BSE on Monday, hitting a new 52-week high of INR 123.9....
Tata Consumer Products reports 6.55% dip in quarterly profit despite robust domestic growth
On Tuesday, Tata Consumer Products Ltd (TCPL) announced a 6.55 percent decrease in its consolidated net profit for the September quarter, with earnings totaling...
Mamaearth IPO receives lukewarm response, subscribed 0.13 times on day one
Mamaearth, the D2C unicorn, experienced a tepid response to its initial public offering (IPO) on the first day, as the issue was subscribed only...
Mamaearth’s employee allocation oversubscribed 1.65X within hours of IPO opening
In the midst of notable market volatility, Mamaearth, a D2C unicorn, witnessed oversubscription of its employee allocation in the initial public offering (IPO) within...
Marico records strong 17.2% surge in Q2 FY24 net profit, reaching INR 360 Crore
FMCG giant Marico announced a 17.2 percent increase in its consolidated net profit for the second quarter (Q2) ending on September 30, 2023. The...
Swiggy’s valuation skyrockets 42% to $7.85B following Invesco’s review
After two rounds of evaluation, Invesco, an investment firm headquartered in Atlanta, significantly increased the valuation of the Indian foodtech startup Swiggy by over...
DMart’s Q2 revenue surges 18.51% to INR 12,307.72 Crore, marking impressive growth
Avenue Supermarts Ltd, the company that oversees and manages the DMart retail chain, announced on Wednesday that its standalone revenue from operations for the...
Zomato shares reach fresh 52-week high of INR 105.9 with a 4.3% intraday surge
Zomato's stock surged by as much as 4.3% during intraday trading on the BSE on Tuesday, October 3rd, reaching a fresh 52-week high of...
Tata Consumer Products shares fall 3% following denial of Haldiram’s acquisition
Tata Consumer Products (TCPL) witnessed a 3 percent decline in its share price, dropping to INR 853.85 on the BSE during Thursday's intra-day trading...
After INR 100 Crore profit, SoftBank eyes full exit from Zomato
Japanese investor SoftBank is preparing to divest its entire holdings in the foodtech giant Zomato over the upcoming months, utilizing open market transactions. This...
Zomato’s stock surges 5% amidst block deal frenzy, reaches INR 99.50 on BSE
Zomato saw its stock price surge by over 5% during early trading on Wednesday, driven by a block deal linked to the foodtech giant....
Tiger Global exits Zomato, sells 12.24 Cr shares for INR 1,123 Cr in open market transaction
Investment firm Tiger Global made its exit from the foodtech giant Zomato on Monday, selling 12.24 crore shares through open market transactions. This sale...