Many IPOs in the recent past have seen very high subscriptions, and many of the issuances have also made huge listing-day gains which result in the grey market activity of passing on allotted shares
Zomato's management expects the losses in Blinkit to continue in the near term, due to aggressive store expansion.
Markets Today LIVE: Indian benchmark equity indices BSE Sensex and Nifty 50, were trading with deep cuts on Tuesday, amid mixed global cues
In its Q3, the company swung back to profit at Rs 160.04 crore from a loss of Rs 5.35 crore incurred a year ago