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Awfis Shares Dip Over 12% Intraday After A Long Rally

Inc42 · 11m ago

Awfis Shares Dip Over 12% Intraday After A Long Rally

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Zomato Hits Fresh All-Time High At INR 298.05 Amid Broader Market Rally

Inc42 · 10m ago

Zomato Hits Fresh All-Time High At INR 298.05 Amid Broader Market Rally

Shares of foodtech major Zomato rose over 2% in early trading today, reaching a new all-time high of INR 298.05 on the BSE. This surge came alongside a broader market rally, with Sensex and Nifty 50 also reaching record intraday highs. Zomato's shares have gained nearly 140% year-to-date due to the company's improved profitability.

Zomato shares hit all-time high after allotting 4.07 crore ESOPs

Inc42 · 1y ago

Zomato shares hit all-time high after allotting 4.07 crore ESOPs

Shares of Zomato hit a fresh all-time high of ₹221.30 apiece during the intraday trading on Friday (July 12) after the foodtech major announced the allotment of more than 4.07 crore stock options to its employees. The stock opened today at ₹218.60 per share, marking a 0.6% increase from the previous close.

Ola Electric shares rally 20% to touch fresh high

Inshorts · 12m ago

Ola Electric shares rally 20% to touch fresh high

After flat market debut last week, Ola Electric’s shares have continued to rally. On Monday (August 12), the shares of Ola Electric touched a fresh high of INR 109.41 on BSE, 20% higher compared to its previous close. The total market cap of the company stands at INR 48,258.89 Cr for the day.

Ola Electric Shares Fall Over 4% As One Month Lock-In Period Ends

Inc42 · 11m ago

Ola Electric Shares Fall Over 4% As One Month Lock-In Period Ends

The shares of Ola Electric, led by Bhavish Aggarwal, experienced a 4% drop during intraday trading on the BSE. This decline follows a significant rally that saw the stock reach a record high of INR 157.53 on August 20. Ola Electric's public issue was oversubscribed 4.27 times, with qualified institutional buyers showing the most interest.

Awfis, Zomato Touch All-Time High Mark Amid A Mixed Week For New-Age Tech Stocks

Inc42 · 1y ago

Awfis, Zomato Touch All-Time High Mark Amid A Mixed Week For New-Age Tech Stocks

Awfis saw a significant surge in its shares this week, gaining over 12%. Meanwhile, several new-age tech stocks, including Paytm, Zomato, Nykaa, PB Fintech, and ixigo, also experienced positive gains. On the other hand, Yudiz was the biggest loser this week, with Honasa (parent company of Mamaearth), MapmyIndia, Go Digit, and TBO Tek also experiencing losses.

QUBT shares surge more than 20% in explosive rally, sending quantum computing stocks into the spotlight

Economic Times

Economic Times · 1m ago

QUBT shares surge more than 20% in explosive rally, sending quantum computing stocks into the spotlight

Quantum Computing Inc. (QUBT) shares surged over 30% amid broader tech rally interest, fueled by sector momentum, notably after IonQ’s acquisition of Oxford Ionics. Despite explosive gains, the company shows significant risks with poor earnings, historic volatility, and insider selling, though it maintains strong financial metrics like no long-term debt. This positions QUBT as a high-risk, high-reward stock, with its current surge driven more by speculative enthusiasm than strong fundamentals.

Awfis Shares Jump 11% Intraday, Touch A Record High At INR 611.5

Inc42 · 1y ago

Awfis Shares Jump 11% Intraday, Touch A Record High At INR 611.5

Shares of Awfis shed some gains, ending Wednesday's session 9.3% lower at INR 599.8 on the BSE. Despite this drop, the shares have been on an uptrend since listing in May, gaining approximately 40% from the listing price. Awfis recently turned profitable in the March quarter of FY24, generating a profit after tax of INR 1.4 Cr.

Morgan Stanley, Societe Generale, two others buy Awfis Space shares for Rs 416 Cr

YourStory

YourStory · 7m ago

Morgan Stanley, Societe Generale, two others buy Awfis Space shares for Rs 416 Cr

Morgan Stanley, Citigroup Global Mauritius, Goldman Sachs, and Societe Generale have collectively purchased an 8.34% stake in Awfis Space Solutions for Rs 416 crore through separate block deals. Other entities like Axis Mutual Fund, Canara Robeco MF, and Nippon India MF have also acquired shares in Awfis. Additionally, Mauritius-based Bisque and Peak XV Partners have sold 58.56 lakh shares of Awfis at an average price of Rs 709.90 per share. As a result, Bisque's stake in Awfis has decreased to 9.85% from 14.38%. Awfis shares rose 9.41% to Rs 784.50 on the NSE.

New-Age Tech Stocks Rally In Line With Broader Market, TAC Infosec Top Gainer This Week

Inc42 · 11m ago

New-Age Tech Stocks Rally In Line With Broader Market, TAC Infosec Top Gainer This Week

Cybersecurity startup TAC Infosec experienced a 35% surge in its shares following the announcement of acquiring 250 new customers in July. Meanwhile, coworking startup Awfis saw a gain of over 25% after opening two new centers. On the other hand, Zomato and Paytm faced losses despite their ticketing agreement. Among the 10 new-age tech stocks, Ola Electric experienced the largest decline, with its shares falling by 4.93%.

Swiggy shares recover losses, rally around 5 percent intraday

Inshorts · 5m ago

Swiggy shares recover losses, rally around 5 percent intraday

Shares of foodtech major Swiggy recovered on February 13 after falling for seven consecutive sessions. The stock jumped around 5% to ₹358.30 during the intraday trading session on the BSE. With a rise in its share price, its market capitalisation crossed ₹81,436 crore with more than 80 lakh shares traded hands by 11 AM.

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