Apr 21, 2024, 10:24:26 AM IST The past week saw block deals across large, mid and smallcap companies. Among these, 15 were largecap stocks including companies like Zomato, Jio Financial and Infosys. Nuvama reports a detailed list of these deals. ETtech With a block count of 14 and nearly 57.6 lakh of share quantity, a … Read more
Brokerage firm CLSA maintained an outperform rating on Maruti Suzuki and downgraded HDFC Bank to outperform. Morgan Stanley maintained an overweight rating on Zomato and upgraded Voltas to Equal Weight. Bernstein downgraded SBI. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: CLSA on Maruti Suzuki: Outperform| Target … Read more
Zomato, part of the e-commerce industry, witnessed some profit-taking after hitting a fresh 52-week high earlier in December but the chart pattern suggests that the bulls are here to stay. Medium to long-term investors can look to buy the stock now or on the decline for a possible 12-month target of Rs 184 in the … Read more
Cipla Share Price 1198.65 03:59 PM | 24 Nov 2023 28.00(2.39%) Adani Enterprises Share Price 2225.45 03:59 PM | 24 Nov 2023 50.20(2.31%) Divis Laboratories Share Price 3764.80 03:59 PM | 24 Nov 2023 76.30(2.07%) Hindalco Industries Share Price 507.80 03:59 PM | 24 Nov 2023 5.85(1.17%) Axis Bank Share Price 1008.50 03:59 PM | … Read more
Tiger Global, through its affiliate Internet Fund III Pte, has exited food delivery platform Zomato by selling its entire stake via bulk deals on Monday. Under the transaction, the US hedge fund has offloaded 12.3 crore shares or 1.47% stake in the company on BSE at Rs 91.01 apiece, earning about Rs 1,123 crore. Marquee … Read more
Indian market bounced back after falling for 3 consecutive days on Friday. The S&P BSE Sensex rose nearly 500 points while the Nifty50 managed to close above 19500 levels. Sectorally, buying was seen in IT, telecom, energy and realty stocks while some selling was seen in public sector, auto, power and utilities. Stocks that were … Read more
New Delhi: Trimming GMV (gross merchandise value) growth forecast for ’s food delivery segment, domestic brokerage Kotak Institutional Equities has reduced its price target on the new-age stock to Rs 85 from Rs 100 earlier. “Our conversations with industry participants indicate that food delivery GMV growth may remain subdued in the near term owing to … Read more