Posted in Finance
US Based Investor Invesco Devalues IPO-Bound Swiggy, Pine Labs, Causes Shockwaves
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Analyzing the Sentiment of Startup IPOs on D-Street
Three points you will get to know in this article: In contrast to the challenging ride for Indian startups venturing into the stock market in 2022, this year has shown a marked improvement. Despite the gloomy backdrop of the funding winter, three startups went public last year, while 2023 has witnessed the IPO debut of five startups so far. Yet,…
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Mixed Week for New-Age Tech Stocks; CarTrade Emerges as Biggest Winner After Q2 Earnings
Three points you will get to know in this article: After experiencing a notable surge in the previous week, the performance of Indian new-age tech stocks showed a diverse outcome this week, mirroring the overall market’s subdued response to global uncertainties. Out of the 18 new-age tech stocks monitored by Inc42, eleven demonstrated gains ranging from 0.4% to an impressive…
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Zomato Allocates 10.65 Crore ESOPs After Two Consecutive Profitable Quarters
Three points you will get to know in this article: Zomato Allocates 10.65 Crore Equity Shares through ESOPs The renowned foodtech giant, Zomato, has recently assigned approximately 10.65 crore equity shares through various employee stock option plans (ESOPs). In an official filing with the exchange, the company communicated that its board has given the green light for the allocation of…