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 gain 15%, remain unbeaten for 5 sessionsZomato Share Price: Zomato shares surged 15.5% to a record high of Rs 280.60, driven by a Paytm deal, positive broker ratings, and strong e...
11 Sep, 2024, 05.06 PM 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
Zomato shares soar; m-cap briefly hits $30 billion on bumper resultsOn Thursday, food delivery major Zomato reported a multifold jump in consolidated net profit to Rs 253 crore for the June quarter of FY25, ...
02 Aug, 2024, 08.23 PM IST
Hot Stocks: Brokerage view on ITC, Sun Pharma, Adani Ports, Zomato and DaburJefferies has maintained a buy rating on ITC with a target price of Rs 585. The 3% growth in cigarette business volume met expectations, an...
02 Aug, 2024, 09.38 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
Hot Stocks: Brokerage view on Zomato, Star Health, Zydus Life and NykaaMorgan Stanley maintained an overweight rating on Zomato but raised the target price to Rs 125 from Rs 115 earlier.
21 Sep, 2023, 11.12 AM IST
Jefferies picks ICICI Bank, Zomato, Tata Motors & 19 others as its top stock betsJefferies has increased its weight on the financials from an earlier 25.9 to 31 with an 'Overweight' stance. Its top pick remains ICICI Ban...
21 Aug, 2023, 12.11 PM 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
Why Jefferies sees 92% upside in Zomato stock despite EBITDA concerns“New grants are declining sharply, and Zomato is no longer a startup that needs to overly rely on ESOPs. The existing pool seems sufficient...
11 Apr, 2023, 01.49 PM IST
Swiggy trailed Zomato in first half of 2022 despite offering bigger discounts: Jefferies reportZomato’s quick-commerce business Blinkit also recorded a higher GMV than Swiggy’s Instamart over the same period, according to Jefferies.
24 Nov, 2022, 08.48 PM IST
Hot Stocks: Global brokerages on Glenmark Life, Zomato and Hindustan UnileverBofA Securities maintained a buy rating on Glenmark Life with a target price of Rs 560. Sustainable growth drivers are in focus.
21 Nov, 2022, 09.32 AM IST
Hot Stocks: Brokerages on JSPL, Indian Hotels and Zomato post Q2 results"Cost pressures were seen in Q1. Standalone adjusted EBITDA fell by ~68% on a YoY basis. There is confidence around JSPL's balance sheet an...
11 Nov, 2022, 10.02 AM IST
Investors sceptical about Zomato’s acquisition of Blinkit: JefferiesA lot of investors expressed a fundamental question on Blinkit’s existence, with comments like "why someone want grocery delivery in 10-min...
21 Sep, 2022, 08.30 PM IST
Why Jefferies believes loss-making Zomato deserves premium valuationBrokerage firm Jefferies India joined UBS Securities India and JM Financial in initiating coverage on the newly listed company with a ‘buy’...
29 Jul, 2021, 08.59 AM IST
Will unicorns like Zomato make it to Jefferies' India model portfolio?"My Indian portfolio, being a long-term portfolio, is predominantly still in growth stocks," says Chris Wood of Jefferies.
23 Jul, 2021, 08.35 AM IST