Hot Stocks: Brokerages on Nykaa, Zomato, Adani Ports and Cholamandalam InvestmentKotak Securities has downgraded Nykaa to "Sell" from "Add" and lowered the target price to Rs 190 from Rs 195. While Nykaa's portal excels ...
12 Sep, 2024, 09.17 AM IST
Hot stocks: Brokerage view on Tata Tech, Zomato and Shriram FinanceCiti has issued a sell rating on Tata Tech with a target price of Rs 945, citing uncertainties related to VinFast revenues and client conce...
09 Sep, 2024, 09.15 AM IST
Hot stocks: Brokerage view on Shyam Metalics, IndiGo, Vedanta, Zomato and PaytmBrokerage firms have issued diverse stock recommendations: UBS endorsed Shyam Metalics as a buy, Jefferies upgraded IndiGo and Zomato to bu...
22 Aug, 2024, 09.35 AM IST
UBS pegs $15.4 billion enterprise value to Zomato's Blinkit businessUBS valued Zomato at $32.1 billion – a 15% premium over its current market capitalisation of $27.8 billion. As of July, the brokerage firm ...
20 Aug, 2024, 08.08 PM IST
Antfin Singapore sells Zomato shares worth Rs 4,771 crore via block dealsAntfin Singapore Holding sold Zomato shares worth Rs 4,771 crore on Tuesday through two block deals. Over 18.54 crore shares were sold at a...
20 Aug, 2024, 07.35 PM IST
Antfin Singapore to sell Zomato shares worth $408 million via block deal: ReportAntfin currently holds 4.3% stake in the food delivery platform. At the floor price, the shares will be available for sale at a discount of...
19 Aug, 2024, 05.12 PM IST
Zomato shares rally 6% to fresh high after UBS raises target priceZomato Share Price: Zomato's shares surged 6% to a new 52-week high of Rs 280 on BSE on Monday after UBS raised its target price from Rs 26...
19 Aug, 2024, 10.29 AM IST
Hot Stocks: Brokerage take on TCS, Zomato, Federal Bank, ABB, Vedant Fashions and Prestige EstatesJefferies upgraded TCS post Q1 earnings, increasing its target. UBS reviewed Zomato, Federal Bank, and ABB India. Morgan Stanley reaffirmed...
12 Jul, 2024, 09.19 AM IST
Hot Stocks: Brokerage view on Zomato & TCS; Exide could double in next 1 yearCLSA maintained an underweight rating on TCS post March quarter results and reduced the target price to Rs 3941 from Rs 4043 earlier.
15 Apr, 2024, 10.04 AM IST
Hot Stocks: Brokerage view on Zomato, Gujarat Gas, RIL and RBL BankBrokerage firm Axis Capital initiated coverage on RBL Bank with an add rating, Jefferies maintained a buy on RIL, UBS upgraded Gujarat Gas ...
29 Feb, 2024, 10.07 AM IST
Hot Stocks: Brokerages view on Zomato, Delhivery, Adani Ports and SiemensBrokerage UBS maintained a buy rating on Zomato and initiated coverage on Adani Ports and Delhivery. Motilal Oswal recommended a buy on Sie...
22 Dec, 2023, 10.42 AM IST
Kotak raises Zomato fair value on higher contribution margin for food deliveryThe increase in fair value, on the basis of information provided in the company’s FY23 annual report, is mainly due to the contribution mar...
25 Oct, 2023, 05.42 PM IST
India’s food delivery segment seen growing 10% sequentially in July-September period: UBSThis comes as a shot in the arm for Zomato and Swiggy, the segment’s duopolists, given the seasonally weak nature of the quarter.
10 Oct, 2023, 07.08 PM IST
Hot Stocks: Brokerages on Zomato, Titagarh Wagons, ICICI LombardBrokerage firm UBS maintained its buy rating on Zomato, B&K Securities initiated coverage with a buy rating on Titagarh Wagons, and Morgan ...
19 Apr, 2023, 10.16 AM IST
Pair trade: Brokerage Citi overweight on Zomato, underweight on Info EdgeCiti's recommendation came at a time when US hedge fund Tiger Global reduced its shareholding in Zomato by selling 2.34 per cent stake or 1...
05 Aug, 2022, 02.13 PM IST
UBS starts Zomato coverage with a buy, target of Rs 165Shares of Zomato ended down nearly 6 per cent at Rs 132.6 on Tuesday after touching a high of Rs 147.80 during the day. The stock had liste...
28 Jul, 2021, 07.00 AM IST
Zomato may turn into a multibagger, the first initiation of coverage showsThis is in contrast to some of the sceptics, including Rakesh Jhunjhunwala and Raamdeo Agrawal. Valuation guru Aswath Damodaran believes Zo...
27 Jul, 2021, 11.04 AM IST