Zomato tanks over 10% on weaker numbers, drags Swiggy along, tooZomato has attributed the weaker numbers to the increased investments in accelerated new dark-store openings and customer acquisition effor...
22 Jan, 2025, 05.36 AM IST
Can Zomato shares fall another 39% to as low as Rs 130? Macquarie thinks soShares of Zomato plummeted by as much as 9.3% to Rs 218.45 on the BSE, wiping out recent gains, as several brokerages downgraded the stock ...
21 Jan, 2025, 12.16 PM IST
Zomato shares crack 11% after Q3 PAT falls 57% YoY. Should you buy, sell or hold?Why Zomato Share is Falling Today: Zomato share price dropped by 11.43% after reporting a 57% decline in Q3 net profit to Rs 59 crore. Reve...
21 Jan, 2025, 11.57 AM IST
Bromance on Dalal street: How Swiggy-Zomato delivered 'beautiful, Jai-Veeru' greetings to each otherSwiggy-Zomato: Swiggy, the Indian food delivery giant, debuted on the stock market. Its shares saw an initial rise but later fell. This was...
13 Nov, 2024, 07.18 PM IST
Rs 325 or Rs 470? Swiggy share price targets leave investors confused after listingSwiggy Share Price: Swiggy's IPO debuted with an 8% premium, drawing mixed views from analysts. Macquarie sees downside risk, while JM Fina...
13 Nov, 2024, 07.15 PM IST
Macquarie raises Zomato target prices but remains bearishMacquarie raises Zomato's target price to Rs 130 but maintains an 'underperform' rating due to growth risks. Zomato's competitor Swiggy als...
13 Nov, 2024, 11.16 AM IST
Macquarie flags challenges for Swiggy, initiates 'Underperform' rating with Rs 325 target priceMacquarie initiates an 'Underperform' rating on Swiggy, giving it a target price of Rs 325. They believe that while Swiggy has growth poten...
13 Nov, 2024, 10.13 AM IST
Hot stocks: Brokerage view on Zomato, Swiggy, NTPC and Ramco CementsBrokerage firm Macquarie has placed an underperform rating on Zomato, signaling caution on the stock. In contrast, Citi has upgraded Ramco ...
13 Nov, 2024, 09.47 AM IST
Hot Stocks: Brokerage view on Paytm, Zomato and Bajaj FinanceNuvama has maintained a 'buy' rating on Zomato, raising the target price to Rs 325, citing growth momentum and faster Blinkit dark store ad...
23 Oct, 2024, 08.54 AM IST
Hot Stocks: Brokerage view on HDFC Bank, Apollo Hospitals & Zomato; BofA upgraded M&MBrokerage firm Macquarie maintained an underperform rating on Zomato and Apollo Hospitals. BofA Securities recommended a buy on HDFC Bank a...
31 May, 2024, 10.21 AM IST
Hot Stocks: Brokerage view on Zomato, AB Capital, Asian Paints and Westlife FoodBrokerage firm JPMorgan maintained an overweight rating on Westlife Foodworld, Macquarie recommended an outperform rating on Asian Paints, ...
12 Mar, 2024, 10.20 AM IST
Hot Stocks: Brokerage views on Max Financial, Vedanta, GAIL India and ZomatoMacquarie maintained an underperform rating on Zomato but raised the target price to Rs 96. The brokerage said that Zomato demonstrated imp...
28 Feb, 2024, 11.11 AM IST
Multibagger Zomato jumps 10% in two sessions. What is behind the uptick?Zomato's third-quarter earnings beat the estimates on the back of robust growth in food delivery and hyperpure businesses. Net profit jumpe...
12 Feb, 2024, 11.42 AM IST
Multibagger Zomato jumps 4% on robust Q3 show. Should you buy at current levels?Zomato's third-quarter earnings beat the estimates on the back of robust growth in food delivery and hyperpure businesses. Net profit jumpe...
09 Feb, 2024, 10.54 AM IST
Hot Stocks: Brokerage view on Page Industries, Zomato, Lupin and ITCMacquarie maintained an underperform rating on Zomato with a target price of Rs 76. The company has seen steady margin improvements and str...
09 Feb, 2024, 09.53 AM IST
ETtech Explainer: Macquarie's rationale for raising Paytm target price decodedThe 80% increase in the target price of the stock to Rs 800 comes days after the digital payment services company reported a positive Ebitd...
08 Feb, 2023, 05.34 PM IST
Hot Stocks: Brokerage view on HDFC Bank, M&M, Zomato, Indian Hotels and Ashok Leyland post Q2 resultsMacquarie maintained an outperform rating on HDFC Bank with a target price of Rs 2005. MSCI changes remove a major overhang, the brokerage ...
14 Nov, 2022, 10.23 AM IST