Zomato Shares Soar 6% to Hit 6-Week High Ahead of BSE Sensex Inclusion!

Zomato Shares Soar 6% to Hit 6-Week High Ahead of BSE Sensex Inclusion!

Zomato shares rose as much as 6% in early trading on November 25 on two big positives: inclusion in the 30-stock Sensex and approval for its Rs 8,500 crore Qualified Institutional Placement (QIP). Zomato is the first new-age tech stock to be included in the 30-stock index after the latest BSE Sensex reorganization. It will … Read more

Zomato IPO: Latest News, Market Performance, and Key Updates โ€“ What Investors Should Know Today!

Zomato IPO: Latest News, Market Performance, and Key Updates โ€“ What Investors Should Know Today!

Zomato stated in an NSE filing that company intended to raise further funds by selling new equity shares through a Qualified Institutions Placement (QIP). Through the exclusive sale of shares to institutional investors such as banks, insurance firms, and mutual funds, publicly traded corporations can raise cash through QIPs. A board meeting to address the … Read more