New Delhi: In the stock market today, the shares of Zomato and Paytm are in focus in Stock of the Day. On Wednesday, there was news of a deal between One97 Communications (Paytm's parent company) and Zomato. After this deal, the focus of investors was on the shares of both the companies even before the market opened today.

Share condition of Paytm and Zomato

On the Bombay Stock Exchange (BSE), Paytm's stock was trading at Rs 585.05 per share, up 2.09 per cent. At the same time, on the National Stock Exchange (NSE), the shares of the fintech company were trading at Rs 584.50 per share, up 1.82 per cent.

In intra-day trading, Paytm shares are trading up 5 per cent at Rs 604.70 on BSE and Rs 604.45 per share on NSE.

If we talk about Zomato's stock, today the company's stock is trading flat. Zomato's stock is trading around Rs 260.30 on BSE and Rs 260 per share on NSE.

Deal between Paytm and Zomato

On Wednesday, Zomato and One97 Communications (Paytm's parent company) said that they have struck a deal for Paytm's entertainment ticketing. Zomato is buying Paytm's entertainment ticketing business. The deal was struck for Rs 2048 crore.

The boards of both companies have approved this deal. Now the movie and sports ticketing business will be transferred to OTPL (Orbgen Technologies Pvt Ltd), WEPL (WEPL Wasteland Entertainment Pvt). The movie ticketing business will remain with OTPL and the sports and event ticketing business will remain with WEPL.

Entertainment ticketing business including movies, sports and events will be available on Paytm App for 12 months.