According to Nuvama, Zomato’s journey towards profitability might accelerate due to rising contribution margins. Brokerages predict that the stock could see up to a 26 percent increase from its last closing price. Zomato has been given a “buy” by Nomura with a...
The Rs 13.53-crore offering saw a robust response, with investors subscribing to the issue more than 37 times. Finelistings technologies shares modestly debuted on BSE SME at Rs 127, a slight premium of 3.25% above the offer price of Rs 123. However, the initial gains...
Winsol Engineering specializes in providing full-service engineering, procurement, construction, and commissioning solutions in the solar and wind power industries. Winsol Engineers, known for their extensive services in the solar and wind power sectors that entail...
The public offers minimum size may be increased to around 300 million rupees or 500 million rupees ($3.59m-$5.99m), according to two sources who took part in the discussion. To regulate the public offers of small and medium enterprises (SMEs), Securities and Exchange...
In Q1, Zomato’s ESOP costs rose by almost 200% to Rs 161 crores, from Rs 84 crore in the corresponding period of the prior fiscal year. The administration of Zomato expects additional rates rise in ESOP during FY25. Recently, Zomato requested its shareholders’ nod for...