Eternal shares rose 5% on Friday, following a substantial acquisition by BNP Paribas Financial Markets, which invested Rs 1,484 crore in the food delivery firm. The Zomato operator a saw a couple of block deals by the French multinational bank’s investment arm. Its shares were purchased at a premium of 4.3% over the Thursday closing price of Rs 228.37 on the NSE.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets