Thu, Feb 8, 2024 6:09 PM
KPR Mill Consolidated December 2023 Net Sales at Rs 1,241.31 crore
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Auto stocks have fallen nearly 10% in the last three months, with two-wheeler companies being the worst hit, due to slow growth and demand concerns. However, December sales numbers were better than expected, and the auto index has risen nearly 3% since the start of the year, with passenger vehicles and tractors projected to remain standouts in the third quarter.
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📌Paytm's parent company One97 Communications' shares fell📌 5.5% on January 8, with UBS citing no gain in UPI share in December, causing its market share to halve to📌 5.5% by year-end. Paytm's monthly transacting users also declined from 100 million to 68 million by September 2024. Paytm's shares are trading 📌4.8% lower at ₹936.35.
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Zomato has launched a 15-minute food delivery option, available on its app, offering customers a list of food options that can be delivered within 1.5 km distance. This is after Swiggy launched its 10-minute food delivery app 'Bolt' and amid the quick delivery race in the Indian market. Zomato has entered, exited, and re-entered the space, with this being its second attempt at rapid delivery.
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