logo
#

Latest news with #206

Eternal share price: Should you buy Zomato's parent stock post-Q1 results 2025?
Eternal share price: Should you buy Zomato's parent stock post-Q1 results 2025?

Mint

time22-07-2025

  • Business
  • Mint

Eternal share price: Should you buy Zomato's parent stock post-Q1 results 2025?

Zomato's parent company Eternal share price will remain in focus in Tuesday's trading session after the company declared its financial results for the June quarter during the market hours on Monday, July 21. Eternal shares climbed over 7 per cent to close at ₹ 276.50 despite the online food delivery firm posted 90 per cent drop in its net profit. ' This was largely driven by a stellar 70% YoY growth in revenue from operations, which rose to Rs.7,167 crore in Q1 FY26 from Rs.4,206 crore in Q1 FY25,' said Sugandha Sachdeva- Founder-SS WealthStreet. The stock has given significant returns by surging over 30 per cent in 6 months and over 9 per cent in a month despite market volatility. Zomato's parent company posted a 90% year-on-year decline in net profit, falling to ₹ 25 crore in Q1 FY26. Despite the profit drop, revenue from operations surged 70% year-on-year to ₹ 7,167 crore during the quarter. The company's consolidated revenue rose 67% YoY and 22% QoQ to ₹ 7,563 crore, marking the 11th straight quarter of adjusted revenue growth exceeding 50% on a yearly basis. Net order value (NOV) from quick commerce exceeded that of food delivery, pushing the company's total B2C NOV to ₹ 20,183 crore—marking a 55% year-on-year and 16% quarter-on-quarter increase. On an annualized scale, Eternal is approaching the $10 billion mark in B2C NOV, with Blinkit leading as the key driver of this growth. ' Looking ahead, Zomato is well-positioned to benefit from rising digital adoption, an expanding urban millennial base, and growing discretionary spending. The company's robust growth trajectory is underpinned by expanding order volumes, improving unit economics, and consistent margin improvement across key segments,' Sachdeva added. Sachdeva further said that the technical structure indicates that the shares of Eternal had been consolidating between ₹ 255- ₹ 272 levels since early June but the stock has shown a sharp rise post the Q1 results, rising by around 5.64% in the previous session. ' The price structure indicates strong buying interest with bulls in control throughout the session. The stock price is also sustaining above the key 100, and 200 DEMA, indicating a bullish trend. Furthermore, the stock seems to have formed a base at Rs.255 levels from a short-term perspective, while major support rests at Rs.190 mark. However, some cool-off in the stock towards Rs.266-264, could provide a good price point to accumulate Eternal stock, with a near-term target of Rs.305 and then Rs.320. A protective stoploss should be placed at Rs.230 level on a closing basis,' she added. On the other hand, Anuj Gupta, Director, Ya Wealth Research & Advisory, believes the stock might witness some profit-booking in the coming sessions. ' We are expecting some profit booking may be seen in the counter as stock rose more than 30% on last three month. This a time to book profit in eternal stock, it has a strong resistance around 290 to 310 range,' Gupta said. Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or broking companies, not Mint. We advise investors to check with certified experts before making any investment decisions.

Gold price per tola gains Rs1,500 in Pakistan
Gold price per tola gains Rs1,500 in Pakistan

Business Recorder

time14-06-2025

  • Business
  • Business Recorder

Gold price per tola gains Rs1,500 in Pakistan

Gold prices in Pakistan further increased on Saturday in line with their surge in the international market. In the local market, gold price per tola reached Rs363,000 after it gained Rs1,500 during the day. As per the rates shared by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA), 10-gram gold was sold at Rs311,213 after it gained Rs1,206. On Friday, gold price per tola reached Rs361,500 after it gained Rs4,600 during the day. The international rate of gold also surged on Saturday. The rate was at $3,432 per ounce (with a premium of $20), an increase of $15, as per APGJSA. Meanwhile, silver price per tola increased by Rs7 to settle at Rs3,787.

Chainsaw Man Chapter 206: Denji Fights The Falling Devil—Recap, Release Date, Where To Read And More
Chainsaw Man Chapter 206: Denji Fights The Falling Devil—Recap, Release Date, Where To Read And More

Pink Villa

time11-06-2025

  • Entertainment
  • Pink Villa

Chainsaw Man Chapter 206: Denji Fights The Falling Devil—Recap, Release Date, Where To Read And More

The last Chainsaw Man chapter, titled Who?, began with Denji staring at the severed head of the Fake Chainsaw Man, unable to recognize him. Displeased, the Fire Devil conjures a flame showing two kind twins who once saved them. Inspired by Chainsaw Man, the brothers became heroic imitators—until Denji let the younger twin die to save a cat. The older twin, consumed by revenge, became the Fake Chainsaw Man. When Denji shows no remorse, the Fire Devil says he would have to face the same choice once more, and he best not make the same mistake. A skyscraper then collapses behind him, and the Fire Devil disappears. Denji then finds Yoru buried in the building's debris, before he faces the Falling Devil. Expected plot in Chainsaw Man Chapter 206 Chainsaw Man Chapter 206 will likely open with Denji confronting the Falling Devil as he figures out how to rescue Yoru from the rubble. As Denji struggles, the Fire Devil's promised 'choice' may reappear, potentially mimicking Chapter 102's events where Denji sacrificed a boy and a car full of people to save a cat. This time, he may be forced to choose between Yoru, civilians, or a random animal. This sequence is likely being used to expose the consequences of Denji's decisions, though it may not work out as the Fire Devil hopes. Chainsaw Man Chapter 206: Release date and where to read Chainsaw Man Chapter 206 is scheduled for release on Wednesday, June 18, 2025, at 12:00 am JST. For international readers, this corresponds to Tuesday, June 17, 2025, at approximately 8:00 am PT / 11:00 am ET / 3:00 pm GMT. Release times may vary depending on the reader's time zone. Fans can access Chainsaw Man Chapter 206 through Shueisha's official platforms, including MANGAPlus, Viz Media, and the Shonen Jump+ mobile app. The first two platforms provide free access to the first three and the latest three chapters, while a paid subscription is required for the Shonen Jump+ app. For more updates from the Chainsaw Man manga, stay tuned to Pinkvilla.

Housewife loses over RM100,000 to online job scam
Housewife loses over RM100,000 to online job scam

New Straits Times

time27-05-2025

  • New Straits Times

Housewife loses over RM100,000 to online job scam

DUNGUN: A housewife lost RM112,206 after being duped by a syndicate offering a non-existent job. Dungun police chief Superintendent Maizura Abdul Kadir said the 27-year-old victim saw a job offer advertised by a handicraft company on Facebook on May 19 and contacted the suspect via the Messenger application before providing her details for registration purposes. "The suspect told the victim to make a payment of RM100 as an initial assignment investment. After which she was added to a WhatsApp group which offered huge commissions for every assignment," she said in a statement today. Maizura said the victim then made 28 cash transactions into 10 different bank accounts, totalling RM112,206, using her savings. She only realised she had been scammed when the suspect refused to refund her, claiming the company's account had been frozen. "The victim lodged a police report yesterday and the case is being investigated under Section 420 of the Penal Code," she said.

Housewife loses over RM100,000 in online job scam
Housewife loses over RM100,000 in online job scam

The Star

time27-05-2025

  • The Star

Housewife loses over RM100,000 in online job scam

DUNGUN: A housewife lost RM112,206 after being duped by a syndicate offering a non-existent job. Dungun OCPD Supt Maizura Abdul Kadir said the 27-year-old victim saw a job offer advertised by a handicraft company on Facebook on May 19 and contacted the suspect on Messenger, providing her details for registration purposes. "The suspect told the victim to make a payment of RM100 as an initial assignment investment. After that, she was added to a WhatsApp group which offered huge commissions for every assignment,' Supt Maizura said in a statement on Tuesday (May 27). She added that the victim then made 28 cash transactions into 10 different bank accounts totalling RM112,206 from her savings. The victim realised she had been scammed when the suspect refused to issue a refund, claiming that the company's account had been frozen. "She then lodged a police report yesterday (Monday, May 26) and the case is being investigated under Section 420 of the Penal Code,' Supt Maizura added. – Bernama

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store