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Tag: JM Financial

Foodtech giant Zomato's shares surged͏͏ to͏͏ a͏͏ new͏͏ all-time͏͏ high͏͏ of͏͏ INR͏͏ 290.50͏͏ apiece͏͏ on͏͏ the͏͏ BSE͏͏ today͏͏ (September͏͏ 20),͏͏ propelled͏͏ by͏͏ a͏͏ broader͏͏ market͏͏ rally͏͏ that͏͏ saw͏͏ the͏͏ Sensex͏͏ and͏͏ Nifty50͏͏ also͏͏ reach͏͏ record͏͏ highs. The͏͏...
Sereko, India’s leading Psychodermatology Skincare brand, is making͏ s͏ig͏ni͏fi͏can͏͏t ͏str͏͏͏id͏e͏s͏͏͏ in ͏it͏͏͏s͏͏ ͏mis͏sion ͏t͏o ͏͏e͏͏n͏ha͏nce ͏access t͏o͏ hol͏istic sk͏͏͏͏͏incare sol͏͏uti͏ons. Th͏e brand͏ ha͏s par͏t͏͏͏n͏e͏͏͏red ͏with͏ TATA 1mg for ͏a͏͏ strate͏gic retail ͏͏ex͏p͏a͏nsion, launchi͏n͏͏g͏ in͏ 20 s͏t͏͏ore͏s͏...

JM Financial Private Equity invests INR 45 Crore in ‘Clear Premium Water’ to accelerate growth and market expansion

JM Financial Private Equity (JMFPE), a division of the Mumbai-based financial services conglomerate, JM Financial, is injecting INR 45 crore into Energy Beverages Private...

Zomato’s strong Q3 performance spurs brokerage firms to boost price targets; Blinkit expansion drives optimism

Brokerage firms such as Jefferies, Nuvama, and Kotak have increased their price targets (PT) for Zomato stock following the foodtech giant's announcement of a...

Clensta taps JM Financial for expansion, fortifying its robust omnichannel presence

Clensta, a personal care brand backed by Parineeti Chopra, has engaged JM Financial, a prominent investment banking firm in India, to serve as its...

Zomato achieves new 52-week high at INR 123.9 following strong Q2 performance

Zomato's stocks surged by as much as 6.4% during intraday trading on the BSE on Monday, hitting a new 52-week high of INR 123.9....

Gopal Snacks preps for IPO with boost of INR 100-200 Crore from 360 One Asset, Axis Fund, and White Oak

Gujarat-based Gopal Snacks is in the process of preparing for its planned initial public offering in 2024. As part of this, it has attracted...

Samhi Hotels racks up INR 616.54 Crore investment as it prepares for forthcoming share sale

Samhi Hotels, on Wednesday, disclosed that it secured INR 616.54 crore from anchor investors in preparation for its forthcoming initial share sale. As per...

Invesco maintains confidence in Swiggy, holds valuation steady at $5.5 Billion

Invesco, the Atlanta-based investment firm, has maintained the valuation of the Indian foodtech giant Swiggy at $5.5 billion as of April 30, 2023, as...

Food delivery aggregators contribute one-third of eateries’ revenue: JM Financial report

Despite the fact that approximately 75% of restaurants have their own direct ordering channels, including their own apps, websites, social media connections, and direct...

Zomato’s growth projection for FY23-27 reduced to 21% by JM Financial, down from earlier prediction of 25%

Zomato, the popular food delivery firm, has been forecasted to achieve a compound annual growth rate (CAGR) of 21% during FY23-27, according to a...

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