zomato stock update

Motilal Oswal MF rakes in Rs 622-crore profit via stake sale in Zomato, 5 FPIs pick shares

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Motilal Oswal MF rakes in Rs 622-crore profit via stake sale in Zomato, 5 FPIs pick shares

MUMBAI – Motilal Oswal Mutual Fund on Monday sold a partial stake in online food delivery aggregator Zomato through the open market, and raked in a profit of Rs 622 crore. The domestic mutual fund firm sold 4.5 crore shares or 0.5% stake in Zomato at Rs 138.15 a share, according to block deals data … Read more

Nomura, Goldman Sachs buy Zomato shares as SoftBank sells 1.17% in Rs 947 crore deal

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Nomura, Goldman Sachs buy Zomato shares as SoftBank sells 1.17% in Rs 947 crore deal

SoftBank sold a partial stake in food delivery platform Zomato through bulk deals on Wednesday. The transaction was done at Rs 94.7 apiece, taking the deal value to Rs 947 crore. According to exchange data, SoftBank Vision Fund has offloaded 10 crore shares or 1.17% stake in the company as the lock-in for the post-Blinkit … Read more