<ul><li>French banking giant BNP Paribas has acquired a stake of INR 1,488.71 Cr in Zomato by purchasing 6.24 Lakh shares in a bulk deal.</li><li>BNP Paribas also sold 1.88 Lakh shares of Nykaa in a bulk deal amounting to INR 4.35 Cr and dumped 2,48,31,803 shares in Nykaa totaling INR 503.61 Cr.</li><li>BNP Paribas seems to be looking to book profits as Zomato and Nykaa stocks have been growing steadily in the past few trading sessions.</li><li>Despite challenges in the foodtech space, BNP Paribas invested in Zomato, while Nykaa's consolidated net profit surged 110% in Q4 FY25.</li></ul>

BNP Paribas Picks Up INR 1,488 Cr Stake In Zomato, Dumps INR 503 Cr Shares In Nykaa

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