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
Zomato shares fall 5% following Jefferies downgrade, target price slashed to Rs 275Zomato share price: Shares of Zomato fell by 4.8% following Jefferies' downgrade of the stock from 'buy' to 'hold' and a 18% cut in the tar...
07 Jan, 2025, 10.38 AM IST
Zomato shares fall 5% after Q2 results. What went wrong?Zomato shares dropped 5% after Q2 profits fell short of expectations. Despite a 389% year-on-year profit increase, analysts expected higher...
23 Oct, 2024, 10.19 AM IST
Zomato shares skyrocket 19% to double money in 2024, target prices go up to Rs 350Zomato Share Price Updates: Shares of food delivery giant Zomato surged 10% to a day’s high of Rs 257.95 after reporting a multifold increa...
02 Aug, 2024, 11.54 AM IST
Hot Stocks: Brokerage view on Zomato, M&M, Vedanta and InfosysJPMorgan maintained an overweight rating on Zomato with a TP of Rs 208. The brokerage said Zomato has been successful in some acquisitions,...
18 Jun, 2024, 09.52 AM IST
Hot Stocks: Brokerage view on Kaynes Technology, Zomato, Birlasoft and MGLGlobal investment bank Morgan Stanley has maintained an overweight rating on Kaynes Technology but raised the target price to Rs 3,845 from...
10 Jun, 2024, 10.19 AM IST
Info Edge shares surge 8% after Q4 PAT rises 18% YoY. Should you invest?Shares of Info Edge (India), the parent company of Naukri.com, surged 8% on the BSE during Friday's trading session, reaching a peak of Rs ...
17 May, 2024, 10.40 AM IST
Zomato pilots Rs 2 platform fee in some marketsThis follows a similar move taken by its arch rival Swiggy, which started levying a platform fee back in April.
05 Aug, 2023, 08.39 PM IST
Zomato's Q1 results enhance investor appetite as share jumps 8%. Should you buy?The food delivery platform reported a consolidated net profit of Rs 2 crore for the quarter ended June 2023 against a loss of Rs 186 crore ...
04 Aug, 2023, 10.33 AM IST
'Buy' Zomato or not? Most analysts bullish after Q4 showAnalysts believe Zomato's stock can deliver up to 51% returns from the current levels despite lingering concerns over a second straight qua...
23 May, 2023, 04.44 PM IST
Zomato stock rises 3% as Q4 loss narrows. Should you buy or sell now?Shares of Zomato rose by almost 3% after the food delivery firm reported a lesser quarterly loss in Q4FY23. Zomato's loss of INR 188 crore ...
22 May, 2023, 10.02 AM IST
Hot Stocks: Brokerages on Mankind Pharma, Lupin, MGL, Zomato, Godrej ConsumerBrokerages have initiated coverage and maintained ratings on several companies, according to top brokerages sources. Antique has initiated ...
10 May, 2023, 10.18 AM IST
Zomato stock plunges over 7% as Q3 loss widens. Should you buy, sell or hold?The company reported a beat on unit economics, but growth slowed down, said the brokerage. GOV growth of 0.7% was led by AOV growth as orde...
10 Feb, 2023, 12.20 PM IST
Nomura initiates coverage on Zomato; target suggests 19% downside for stockOverall, the brokerage expects contribution to peak at a 7.5 per cent margin. It sees a 4.5 per cent adjusted Ebitda margin on gross order ...
22 Aug, 2022, 02.29 PM IST
Hot Stocks: Global brokerages on Zomato, ICICI Bank, JSW Steel & Tata SteelHigh growth with margin expansion is likely to be a challenge, said the note. A double-digit contribution margin in food delivery will be a...
22 Aug, 2022, 10.54 AM IST
Info Edge fails to impress; brokerages keep neutral & sell viewsEdelweiss has maintained a ‘hold’ rating with a target of Rs 5,460, saying current valuations already factor in a re-rating. Nomura has mai...
23 Jun, 2021, 07.01 AM IST
AU, Info Edge among top April betsAU Small Finance Bank became a part of the Bank Nifty from Wednesday, which has sparked bullish positions in the bank. "AU is coming into t...
05 Apr, 2021, 07.16 AM IST