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Awfis Shares Jump 11% Intraday, Touch A Record High At INR 611.5
Inc42
ยท
1y ago
Medial
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.
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PB Fintech shares touch all time high
Inc42
ยท
1y ago
Medial
Shares of PB Fintech surged 10.6% to touch a record high at โน1,544.15 during the intraday trading on the BSE on Monday (July 1). The shares of the parent entity of insurtech major PolicyBazaar have been on an uptrend since last week. On June 27, PB Fintech shares touched a 52-week high at โน1,415 on the BSE.
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Zomato Jumps Over 5% Intraday To Touch New Record High Of INR 183.5
Inc42
ยท
1y ago
Medial
Shares of foodtech giant Zomato reached a new all-time high during intraday trading, gaining almost 5.4% to touch INR 183.5. The stock also ended the trading session at a record closing price of INR 182.6. Zomato's positive performance comes after reporting three consecutive profitable quarters in FY24, leading to increased investor sentiment. The stock has gained 47.6% year-to-date and is trading almost 60% higher than their listing price of INR 115. Brokers like Jefferies have included Zomato in their list of top picks with a price target of INR 400 by March 2029.
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Zomato Shares Hit Fresh All-Time High At INR 285.95 Amid Rally In Broader Markets
Inc42
ยท
11m ago
Medial
Shares of Zomato reached a new all-time high at INR 285.95 apiece, resulting in a 5% jump during intraday trading on the BSE. This surge in share prices aligned with the Sensex surpassing 83,000 points for the first time. Among the new-age tech stocks covered by Inc42, 15 out of 28 saw gains ranging from 0.51% to 7.61%, with Zaggle experiencing the highest increase.
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Zomato Hits Fresh All-Time High At INR 298.05 Amid Broader Market Rally
Inc42
ยท
10m ago
Medial
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.
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Ola Electric Shares Fall Over 4% As One Month Lock-In Period Ends
Inc42
ยท
11m ago
Medial
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.
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Swiggy shares surge 11.35% to reach an all-time high
Inshorts
ยท
8m ago
Medial
Shares of Swiggy surged to 11.35% during the intraday trading session on (December 5) to reach an all-time high at โน576.95 on the BSE. This marks the fresh 52-week high for the stock. The company market capitalisation stood at โน1,26,472 crore by 11:30 pm and as many as 26.6 crore Swiggy shares traded hands by then.
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QRG Investment Dumps 3.89 Lakh Shares Of Awfis For INR 27 Cr
Inc42
ยท
1m ago
Medial
QRG Investment & Holdings, an early investor in Awfis, sold 3.89 lakh shares of the coworking space provider for INR 26.64 crore in a bulk deal. Shares were sold at INR 685.01 each, while Awfis's stock closed at INR 658.6, down 3.1% from the previous close. At the end of Q1 2025, QRG Investments held a 7.12% stake in Awfis. Awfis reported a significant annual increase in profit and operating revenue.
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EaseMyTrip, Yatraโs Shares Jump After Budget's Focus On Tourism
Inc42
ยท
1y ago
Medial
EaseMyTrip experienced an 8.86% increase in its shares, reaching an intraday high of INR 43.6 on BSE. Yatra also saw a 4.9% surge in its shares, trading as high as INR 127.35. The Indian government has allocated INR 2,479.62 Cr for the tourism sector in the fiscal year 2025, a 46% increase from the previous year's revised allocation of INR 1,692.10.
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Zomato Allots 10.88 Cr ESOPs Ahead Of Q3 Earnings
Inc42
ยท
1y ago
Medial
Foodtech major Zomato has allocated 10.88 crore equity shares under its Employee Stock Option Plans (ESOPs) ahead of its Q3 FY24 earnings. The company's ESOP 2021 received the highest allotment of over 9 crore shares, while ESOP 2018 saw an allotment of 1.67 crore shares. This allotment will increase the company's issued, subscribed, and paid-up share capital to around INR 882 crore from INR 871.1 crore previously. Zomato's stock saw a 4% jump during intraday trading following this news.
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Paytm Share Jump Over 5% Intraday Post Ticketing Business Deal
Inc42
ยท
11m ago
Medial
Paytm has signed an agreement to sell its entertainment ticketing business to Zomato for an all-cash deal worth INR 2,048 Cr. As a result, the shares of both companies saw some gains in intraday trading. Paytm's shares traded at INR 576.8 per share, slightly above the previous close at INR 573, while Zomato's shares climbed 2.71% to INR 267.00 on the BSE.
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