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ZOMATO FINANCIAL PERFORMANCE
Critical Stage: India's concert boom has a venue problemIndia's booming live entertainment scene, evidenced by massive ticket sales for global and local artists, faces a critical hurdle: a severe...
Eternal's District ramps up sports push, eyes acquisitionsEternal's District platform is expanding into India's booming sports market, moving beyond ticketing to venue bookings and brand partnershi...
No governance issue with shareholder resolution, will hold revote soon: Swiggy group CEO Sriharsha MajetySwiggy shareholder resolution revote: The resolution sought to amend Swiggy’s articles of association as part of a broader push to become a...
Market Wrap: Sensex falls 142 points, Nifty holds 23,900; HDFC Bank shares tumble 3%Indian stock market closed in the red, with benchmark indices Sensex and Nifty falling up to 0.2% as Iran-US tensions simmered and rupee de...
Man who supported family through delivery job cracks FMS Delhi: 'Computer crashed during my final CAT attempt but I still achieved my dream'A Reddit post by a student who worked as a Zomato delivery boy, sold books in Delhi’s Daryaganj market, and gave tuition classes to support...
IT sector a contrarian opportunity at current valuations: Aditya ShahAditya Shah of Hercules Advisors identifies power, banking, chemicals, and real estate as promising sectors for long-term growth amidst glo...
Your monthly spend also decides how soon you can retire: Expense tracking apps, AI tools are changing how Indians investExpense-tracking apps, spreadsheets, Artificial Intelligence (AI) -generated analysis, and budgeting dashboards are not merely bookkeeping ...
Sensex surges over 800 points to cross 75,400; Nifty above 23,650 despite weak rupeeIn a recent turn of fortunes, Indian stock markets experienced a notable rise for the second consecutive day. On Thursday, both the Sensex ...
SoftBank logs $600 million paper loss on India-listed portfolio in March quarterSoftBank's Indian investments faced a significant downturn in the January-March quarter. Several prominent companies like Swiggy and Ola El...
Mamaearth parent Honasa Consumer may become first new-age company to announce dividendHonasa Consumer’s board will consider a final dividend on May 21 alongside Q4 FY26 results, potentially making Mamaearth’s parent the first...
Eternal eyeing $1 billion in adjusted EBITDA by FY29, says Deepinder Goyal in shareholder letterEternal founder Deepinder Goyal says the company reached adjusted EBITDA profitability in FY24 after 16 years and targets $1 billion by FY2...
From Meerut to Mysuru: Amazon Now bets on non-metro markets. What lies ahead?Amazon is aggressively expanding its quick commerce operations into Tier II and Tier III cities with a significant investment and over 1,00...
Zomato shares jump nearly 3% after liquidation of Netherlands inactive subsidiaryZomato shares: Eternal pointed out that Zomato Netherlands’ inactive status had already been disclosed in the company's red herring prospec...
Zomato shares drop 5% after BofA downgrades stock to ‘neutral,’ cuts target price to Rs 250.Zomato shares dropped 5% to Rs 199.90 on the BSE after BofA Securities downgraded the stock to "neutral" and cut its price target to Rs 250...
Zomato becomes first new-age tech firm to join Sensex: what’s the significance?Zomato's inclusion in the 30-stock benchmark index is driven by a remarkable rally in its stock. Shares of the Deepinder Goyal-led company ...
Morgan Stanley sees 31% upside in Zomato, believes QC might surpriseMorgan Stanley increased its target price for Zomato to Rs 355, indicating a 31.7% upside. The brokerage firm remains bullish on Zomato due...
Would prefer Zomato over Swiggy if asked to pick only one: Brokerage JM FinancialBrokerage JM Financial expressed a preference for Zomato over Swiggy, citing Zomato's market dominance and superior execution. The report h...
Zomato sees Esop costs rising on grant of stock options to Blinkit leadershipCosts incurred under the Esops head are non-cash expenses, and will rise in the ongoing fiscal “on account of grant of Esops to the Blinkit...
Blinkit Disruptions: Zomato sees no material impact on financial performance; stock jumps 4%"These disruptions and changes have no material impact on the operations /financial performance of the Company (meaningfully less than 1% r...
Subscribe to Zomato IPO only for listing gains: BrokeragesReligare said investors may consider subscribing to the Zomato IPO for listing gains. The company is financially making losses which remain...