Zomato share price

2022 - 8 - 22

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Image courtesy of "Livemint"

Lock-in for CarTrade Tech shares end today. Will Zomato-like crash ... (Livemint)

CarTrade Tech has floated around 4.66 crore shares out of which around 2.66 crore shares are held by pre-IPO investors.

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Image courtesy of "Economic Times"

Deja-vu for IPO investors? After Zomato, CarTrade stock falls as ... (Economic Times)

However, the stock failed to touch even its issue price since listing and had plunged more than 70 per cent to record lows of Rs 462.10 in February this ...

[Sensex](https://economictimes.indiatimes.com/indices/sensex_30_companies)and [Nifty](https://economictimes.indiatimes.com/indices/nifty_50_companies)Track [latest market news](https://economictimes.indiatimes.com/markets/stocks), [stock tips](https://economictimes.indiatimes.com/markets/stocks/recos)and [expert advice](https://economictimes.indiatimes.com/markets/expert-view)on [ETMarkets](https://economictimes.indiatimes.com/markets). For fastest news alerts on financial markets, investment strategies and stocks alerts, [subscribe to our Telegram feeds](https://t.me/joinchat/J60pKE7SOStsj5sI8nDmHQ).) The stock has risen close to 30 per cent since those levels. It had settled at Rs 633.30 on Friday. The company’s total income grew 47 per cent year-on-year (YoY) to Rs 92.77 crore during the April-June 2022 period as against a total income of Rs 63.04 crore in the same period previous year. Companies making incomplete or false disclosures to the Competition Commission of India (CCI) will face aggravated penalties, chairperson Ashok Kumar Gupta told ET.Provisions in the Competition (Amendment) Bill, 2022, for faster approval of mergers and acquisitions (M&As) will work on a trust-based system, he said. [Cos Making False M&A Disclosures will Face Heavy Penalty: CCI Chief](/epaper/delhicapital/2022/aug/22/et-front/cos-making-false-ma-disclosures-will-face-heavy-penalty-cci-chief/articleshow/93696962.cms) [Russian Banks Line up for A/cs with Indian Lenders](/epaper/delhicapital/2022/aug/22/et-front/russian-banks-line-up-for-a/cs-with-indian-lenders/articleshow/93696954.cms) [RIL Files Contempt Petition Against Sebi Before Apex Court](/epaper/delhicapital/2022/aug/22/et-front/ril-files-contempt-petition-against-sebi-before-apex-court/articleshow/93696966.cms) Reliance Industries has filed a contempt plea against the Securities and Exchange Board of India (Sebi) before the Supreme Court, alleging ‘wilful disobedience’ pertaining to an order of the apex court that had directed the capital market regulator to give the country’s most-valued company access to certain documents in a two-decade-old stock allotment case. The Mumbai-based auto platform returned to black as it reported a consolidated profit after tax of Rs 3.31 crore for the first quarter of financial year 2022-23 as against a loss of Rs 46.12 crore in the corresponding quarter last year. [CarTrade Technologies](/topic/cartrade-technologies)dropped as much as 6 per cent to Rs 595.90 on Monday, before recovering to Rs 625.65 by 10.50 am.

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Image courtesy of "Moneycontrol.com"

CarTrade shares recover after early selloff, as anchor investor lock ... (Moneycontrol.com)

The Securities and Exchange Board of India bars anchor investors from selling their shares for one year after the listing of the stock. The scrip pared some of ...

The scrip pared some of its early morning losses. The share has been hovering around Rs 630, almost 62 percent below its listing price. [Markets on a downhill drive: Key factors behind the slump](https://www.moneycontrol.com/news/business/earnings/markets-on-downhill-drive-key-factors-behind-the-slump-9067311.html) The Securities and Exchange Board of India bars anchor investors from selling their shares for one year after the listing of the stock. The initial public offering (IPO) of CarTrade was of 4.66 crore shares, of which almost 2.66 crore shares were held by the anchor investors, 57 percent of the total shares. [CarTrade Tech ](https://www.moneycontrol.com/india/stockpricequote/automobile-dealers-distributors/cartradetech/CT12)may see a selloff in the near term as the one-year lock-in period for pre-IPO anchor investors ends August 22.

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Image courtesy of "Economic Times"

Why Samir Arora's PMS bought Zomato at Rs 52-53 per share (Economic Times)

Earlier in the year, Zomato had acquired quick commerce company Blinkit (formerly Grofers), for Rs 4447 crore in an all-stock deal. Zomato shares have lost ...

[Sensex](https://economictimes.indiatimes.com/indices/sensex_30_companies)and [Nifty](https://economictimes.indiatimes.com/indices/nifty_50_companies)Track [latest market news](https://economictimes.indiatimes.com/markets/stocks), [stock tips](https://economictimes.indiatimes.com/markets/stocks/recos)and [expert advice](https://economictimes.indiatimes.com/markets/expert-view)on [ETMarkets](https://economictimes.indiatimes.com/markets). We thought that it was a flash in the pan initially when Covid led to such huge volumes for these guys but that continued onwards. "When the management came on the call and said they had an EBITDA break-even on the delivery business, it was very exciting because that was not expected. We bought it for Rs 52-53," Helios India CIO Dinshaw Irani said, adding that the potential in the company is huge as it operates in a two-player market. It is obvious that people have got used to it and they want to continue with this as such on a convenience basis. Blinkit, however, remains a big joker in the pack for him. The remaining two analysts suggest holding the stock. For fastest news alerts on financial markets, investment strategies and stocks alerts, [subscribe to our Telegram feeds](https://t.me/joinchat/J60pKE7SOStsj5sI8nDmHQ).) Zomato shares have lost over half of its value so far in 2022. Amid a spate of high-profile exits as the mandatory one-year post-IPO lock-in period ended, the stock had hit a low of Rs 40.55 in July-end. I mean the recent one was around 2.5 per cent so that can grow from here," Irani told ET Now. They had a peak of 7 per cent contribution margin which came down to 2.5 per cent.

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