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ZOMATO MULTIBAGGER
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...- Axis Securities initiates coverage on Zomato, sees upside potential of 22%Axis Securities said that it is confident that Zomato's growth in the sector is backed by steady profitability improvements and significant...
- Trent, BEL likely Nifty entrants in September rejig, trump Jio Financial, Zomato. Here's howTrent and BEL are expected to enter Nifty in the September rebalancing of NSE indices, as per JM Financial estimates, which are based avera...
- Motilal Oswal MF rakes in Rs 622-crore profit via stake sale in Zomato, 5 FPIs pick sharesThe domestic mutual fund firm sold 4.5 crore shares or 0.5% stake in Zomato at Rs 138.15 a share, according to block deals data on the Nati...
- Multibagger Zomato hits fresh 52-week high on HSBC's target upgradeThe Zomato stock hit a 52-week high on Thursday after the brokerage HSBC gave an "extremely strong 2023" review on the stock. The company r...
- Zomato shares rise 3% on platform fee hikeEarlier in December 2023, Zomato received a Rs 402-crore show-cause notice from the goods and services tax (GST) authorities over unpaid du...
- Year-ender 2023: Zomato, Paytm among new-age tech stocks that saw massive turnaround; what to buy in 2024?Zomato stood out among the pack, as the stock this year not only recouped all the losses of 2022, but more than doubled in value.
- Zomato shares gain 2% amid block deal on counter; SoftBank likely sellerZomato shares had ended at Rs 122 on Thursday, gaining 2.61%. The foodtech company has given multibagger returns of 102% on a year-to-date ...
- New-age tech stocks remain in MFs’ shopping list in Q2, even as FIIs turned their backMutual funds increased their stake in Delhivery, FSN E-Commerce Ventures, One97 Communications, PB Fintech, and Zomato in the last quarter,...
- These 10 stocks added by over 20 MF schemes gave upto 182% returns in FY24ETMarkets analysis showed that at least 10 stocks, added by more than 20 mutual fund schemes in September, have given stellar returns so fa...
- 4 out of 7 stocks with investments by over 100 MF schemes turn multibaggers in 2023The analysis revealed seven stocks which were held by mutual funds across more than 100 schemes as of the last month, and have given high r...
- Fundamental Radar: Why is Zomato poised for re-rating despite rich valuations? ICICI Sec answersGiven the outlook of a sharp profitability improvement in all three businesses of Zomato, ICICI Securities believes that valuations for the...
- Zomato stock hits 52-week high, market cap nears $10.7 billionThe stock was the preferred pick of domestic fund houses in August.
- After nearly 100% return in 6 months, MFs fancy Zomato as top pick in August. Should you buy?Zomato reported a surprise net profit of Rs 2 crore for the June quarter, compared to a loss of Rs 186 crore a year ago, and a loss of Rs 1...
- ETMarkets Smart Talk- Multibagger stories are likely to emerge from Atmanirbhar theme such as defence, capital goods & infra: Santosh PandeyMarket generally does not move in one secular direction. There would be bouts of strong up moves and sometimes sharp down moves along with ...
- Overweight on India! Goldman Sachs sees domestic market as major source of creating multibaggersGoldman Sachs is optimistic about India's medium-term growth prospects and recommends foreign investors build exposure in the emerging mark...
- Will Dalal Street devils of 2022 turn out to be multibaggers of next decade?Indian new-age tech firms such as Paytm and Zomato, which saw their stocks plunge by up to 60% in 2022 causing cumulative losses of Rs 2 la...
- Hunting multibaggers? D-Street experts swear by these themes"These are all concept businesses which can scale up really well with high ROIs and once the break-even point is achieved, then the kind of...
- Zomato hits all-time low, slips below IPO issue priceThe selling has persisted despite the company narrowing its losses drastically in the December quarter. The food delivery firm also hinted ...
- IPO report card FY2022: 24 firms raised over Rs 47,000 crore so farTwo issues, Paras Defence & Space Technologies and GR Infraprojects, soared 175 per cent and 103 per cent, respectively, more than doubling...
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