Antfin currently holds 4.3% stake in the food delivery platform. At the floor price, the shares will be available for sale at a discount of 4.6% over Monday’s closing price of Rs 263.24 on the NSE. Zomato’s shares rose 6% intraday following UBS’s target price hike. The company posted a substantial increase in profit and revenue for the June quarter, doubling its market capitalization in 2024.
High deposit costs a drag on Bank of Baroda’s Q4
Net interest income-difference between interest paid to depositors and interest earned on loans-fell nearly 7% YoY to ₹11,020 crore in the fourth quarter. NII climbed