Zomato
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Antfin Singapore’s stake in Zomato is currently worth Rs 10,000 crore, block deal likely worth Rs 3,422 crore tomorrow
Antfin Singapore is likely to offload a 1.5% stake or shares worth Rs 3,422 crore in Zomato via a large block deal tomorrow, Tuesday, August 20. The block deal is likely to happen at a 4% discount from the CMP of Zomato shares.
Zomato Block Deal: Antfin to offload 1.5% equity or stake worth Rs 3,420 crore via block deal tomorrow
Shares of Zomato will be in focus tomorrow as Antfin Singapore is likely to offload shares via a large block deal tomorrow, according to media reports.
Zomato Share Price: UBS raises target price to Rs 320 from Rs 260 earlier
UBS has raised its target price for Zomato shares to INR 320, up from the previous INR 260, citing strong performance and growth prospects, particularly in its quick commerce (q-com) segment, driven by its subsidiary Blinkit.
Zomato Share Price Today: Brokerages turn ‘bullish’, expect stock to rally upto 26% more
Zomato share price in focus today after the company posted its Q4 results, leading to brokerages revising their target price for Zomato stock higher and expect upto 26% upside in Zomato share price from current levels.
Zomato share price falls 7% sharply post Q4 results
Zomato share price fell 7% sharply post its Q4 results today in the last hour of trade, despite good numbers even of sequential basis.
Zomato launches “Pure Veg Mode” on its app to help millions of vegetarians in the country
Zomato’s founder Deepinder Goyal on Tuesday via social media post announced the company’s new launch of “Pure Veg Mode” on Zomato for customers with a 100% vegetarian dietary preference.
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