The brokerage has downgraded Zomato from ‘Buy’ to ‘Neutral’, and cut its price target to ₹250 per share, and Swiggy to ‘Underperform’ from ‘Buy’ with price target slashed to ₹325.
MSCI Inc.’s gauge of Asian shares climbed 0.5%, with memory chipmakers Samsung Electronics Co. and SK Hynix Inc. the top contributors to gains. South Korea’s
Varmora Granito is gearing up for a ₹320 crore IPO aimed at funding capital projects and addressing outstanding debts. Following the offering, the promoter’s stake
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