Shares of InterGlobe Aviation rose 4.19 per cent to Rs 3,783.90, hitting its all-time high and the total market capitalization of the company topped Rs 1.45 lakh crore mark.
Zomato may report a net sale of Rs 2,607 crore, up 57 per cent YoY and 8 per cent QoQ. Ebitda is seen at Rs 9.9 crore, turning positive on both QoQ and YoY basis, Kotak Securities said.
Veteran expert Hemang Jani said that hotel and hospitality space was in momentum for quite some time, and the cricket world cup will only add more to this run-up.
Go First was looking to raise about Rs 3,600 crore via IPO, which was deferred once again amid the weak sentiments and reluctance of owners to infuse funds into the loss-making company.
ZScaler founder Jay Chaudhry is the richest Indian American with a net worth of $16.3 billion, according to Forbes’ list of the 400 wealthiest Americans.