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Promoters held 62.55 per cent stake in the company as of 31-Dec-2024, while FII and DII ownership stood at 9.88 per cent and 9.89 per cent, respectively.

Zomato shares fell 5.1% after disappointing Q3 FY25 results, with a 57% YoY drop in net profit. The quick-commerce unit, Blinkit, continues to incur losses despite expansion plans. Brokerages gave mixed ratings, with targets ranging from Rs 130 to Rs 320. Analysts urge Zomato to improve profitability amidst competitive pressures and slowing growth.

The automobile sector anticipates Finance Minister Nirmala Sitharaman to announce reforms supporting sustainable technologies in the Union Budget 2025-26. Key expectations include reducing GST on hybrid and electric vehicles to 18%, expanding PLI schemes for EV components, providing incentives for hydrogen fuel research, and encouraging vehicle scrapping to boost new vehicle demand.

A total of 77,686 shares changed hands on the counter till 10:55AM (IST)

Bitcoin approached a record high amid volatile trading as the new U.S. administration, led by President Trump, unveiled plans to overhaul cryptocurrency regulations. The SEC announced a task force to develop a regulatory framework for digital assets, but analysts caution about continued volatility until concrete policies emerge.

Netflix dominates the streaming market, adding 18.9 million subscribers in Q4, reaching nearly 302 million. Popular shows, live events, and a mix of top-tier content drive growth. The company increased subscription prices and plans more live broadcasts. Fourth-quarter earnings and revenue beat estimates, and Netflix revises guidance with improved fundamentals.

Benchmark Sensex sees a significant decline due to global tariff war concerns and foreign fund outflows, with specific focus on stocks Indiamart, Tata Communication, and Newgen Software. Analysts suggest strategic buying at dips, indicating potential long-term growth despite current market volatility.

Denta Water IPO aims to raise Rs 220 crore through fresh equity sale of 75 lakh shares. The price band is set at Rs 279-294 per share. Analysts recommend subscribing for the long term due to a strong order book and efficient business model. Share allotment and listing are slated for January 27 and 29 respectively.