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A sale would help Gland’s Chinese owner raise cash as the once-acquisitive group seeks to shore up its balance sheet. Fosun International has been exploring options for a number of assets, including French resort operator Club Med and some domestic food and beverage operations, Bloomberg report added.

A total of 5,160 shares changed hands on the counter till time (IST).

Food delivery order growth of 38% YoY lagged GMV growth of 40%, indicating a rise in AOVs, a trend Zomato witnessed as well. In comparison, Zomato posted 1HCY22 GMV and revenues of $1.5 billion (up 56% YoY) and $328 million (up 71% YoY) for the food delivery business.

The co-founder of Mobius Capital Partners LLP said in an interview Monday in Singapore that his next target for Bitcoin is $10,000. He added he wouldn’t invest his own cash or client money in digital assets as “it’s too dangerous.”

The number of mutual funds holding the stock in their portfolio has doubled since May, data on Trendlyne showed. Aditya Birla Sun Life Small Cap Fund was the highest buyer of the shares of the NBFC in October.

Commercial real estate on the other hand can be an interesting opportunity with higher rental yields. However, it is typically a highly specialised space, with the best assets and opportunities out of reach for most individual investors.

However, as per Trendlyne data, the highest target for stock goes up to Rs 735, while the average estimate of Rs 561, shows an upside of the potential of around 32.5% from the current prices.

On the technical charts, the RSI of the stock stood at 43.77.

Bandhan Bank Ltd., incorporated in the year 2014, is a banking company (having a market cap of Rs 37354.13 Crore).