Tue, Aug 20, 2024
On Tuesday, Zomato experienced a major block deal involving 21 crore shares, valued at Rs 5,438.5 crore, executed at Rs 258 per share. The transaction, likely by Antfin Singapore, has led to a 90-day lock-in period before further sales. Despite a minor drop in share price to Rs 259.58, Zomato reported impressive Q1 FY25 results with a 126-fold increase in net profit and 74% revenue growth
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Mon, Aug 07, 2023
Zomato Share Price: Online food delivery firm Zomato's shares touched a 52-week high on Monday, continuing to rise for the fifth session in a row. Last week, Zomato reported an ahead-of-schedule quarterly net profit, in a sign it was on track to sustained earnings growth. The company had reported net losses for each of the eight quarters since it went public in 2021.
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