Zomato Stock Slumps After ESOP Announcement | Markets News

Mumbai: Online food delivery company Zomato’s shares extended its morning session loss on Tuesday up to 5-6 percent, as the company is expecting an increase in cost due to the employee stock ownership plan (ESOP). Zomato announced results of the fourth quarter of the financial year 2024 on Monday. In the post-result commentary, the management […]

ABHISEK RAJPUT

May 14, 2024

8

0

Shares Of Zomato Hit An All-time High; Here’s Why | Economy News

New Delhi: Shares of online food delivery app Zomato hit an all-time high on Monday after foreign brokerage UBS remained positive about the company and raised its target price for the stock by Rs 60 to Rs 320. At 1.39 pm zomato shares were trading at Rs 267 apiece, up Rs 2.50 or 0.95 percent. Zomato’s […]

ABHISEK RAJPUT

August 19, 2024

2

0

Antfin Singapore Holding Sells 2.1 Per Cent Stake In Zomato For Rs 4,771 crore | Economy News

New Delhi: Antfin Singapore Holding on Tuesday divested a little over 2 per cent stake in online food delivery firm Zomato for Rs 4,771 crore through open market transactions. Antfin Singapore Holding Pte is an arm of Ant Financial Group, while the latter is a part of Chinese e-commerce giant Alibaba. According to the bulk […]

ABHISEK RAJPUT

August 20, 2024

2

0