Stock to Watch: Zomato shares in focus as company announces fundraise plans via QIP mode
- Posted on October 18, 2024
- By Business News Today
- 5 Views
Stock to Watch: Zomato shares in focus as company announces fundraise plans via QIP mode
Zomato's board meeting on October 22 to discuss equity share issuance via QIP and announce its September quarter earnings. Shares closed at Rs 270.30 on NSE. Q1 performance showed a net profit rise to Rs 253 crore, bolstered by Blinkit and Hyperpure contributions. Blinkit expands with 2,000 dark stores by 2026.
