Zomato and Jio Financial Services could see higher fund allocation and these stocks could witness sustained buying over the next few trading sessions as they will be included in Nifty50 benchmark i
Zomato share price jumped 1.3 percent in today's session. The food delivery app stock witnessed a volatile session with intraday low at Rs 210.51 and recovery was seen around 11 am.
Zomato Limited, a leading foodtech company, has raised Rs 8,500 crore through a Qualified Institutional Placement (QIP) of equity shares, marking its first major fundraising since its 2021 IPO.
Amber Enterprises stock surged in today's trade as the company reported impressive quarterly numbers. Zomato has raised Platform Fee to ₹10 Amid Festive Season, Reflects 400% Hike Since 2023.
Motilal Oswal has issued a BUY recommendation for Zomato with a target price of Rs 320, representing a 21% upside from the current market price of Rs 265.
