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ZOMATO STOCK UPDATE
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 ...
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...
Why stock market rose today? Sensex rises over 600 points, Nifty ends above 24,150. 3 key factors behind the rallyIndian stock markets surged on Wednesday, with Sensex and Nifty 50 gaining significantly. This optimism was fueled by reports of Iran submi...
Why stock market rose today? Sensex soars over 1,200 points, Nifty settles above 24,200. 5 key factors explainedIndian stock markets surged on Wednesday. The Sensex and Nifty saw substantial gains. Easing oil prices and renewed hopes for US-Iran peace...
Food delivery giant Zomato gets regulatory nod for name change to Eternal LtdThe company is rebranding itself for the second time. It was founded as Foodiebay in 2008 and was renamed Zomato in 2010. The move highligh...
Zomato shares plunge over 7% on PAT fall, food business slowdownZomato reported a 57% drop in December quarter net profit to Rs 59 crore, down from Rs 138 crore a year ago. Sequentially, PAT fell 66% fro...
Zomato shares plunge over 7% on PAT fall, food business slowdownZomato reported a 57% drop in December quarter net profit to Rs 59 crore, down from Rs 138 crore a year ago. Sequentially, PAT fell 66% fro...
Zomato to see $513 million inflow after Sensex inclusion next week: NuvamaZomato is set to become the first new-age tech stock to enter the 30-share frontline index, replacing JSW Group in the upcoming rejig. JSW ...
Zomato board approves Rs 8,500 crore fundraising plan via QIPThe company unveiled its QIP plan alongside its Q2FY25 earnings, where the food delivery platform reported a 389% increase in consolidated ...
Buy Zomato, target price Rs 230: Emkay Global Financial ServicesEmkay Global Financial Services has buy call on Zomato with a target price of Rs 230.
SoftBank offloads 1.1% stake in Zomato for Rs 1,125 cr; Goldman Sachs, Fidelity among buyersAccording to exchange data, Softbank has offloaded 9.35 crore shares in the company at Rs 120.5 apiece. Through the deal, prominent investo...
Zomato stock rallies 12% in a week; are there more legs to this rally?Shares of the online food delivery aggregator surged more than 12% in the week gone by and scaled a 52-week high of Rs 84.50 on Friday.Most...
Zomato, PB Fintech shares jump up to 9% to fresh 52-week highsZomato's shares rallied 9% to reach a 52-week high of INR 84.5, as of Thursday's intraday trade on BSE. From its 52-week low of INR 40.5, i...
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 ...
Zomato Q4 Results: Cons loss narrows to Rs 188 crore, revenue surges 70% YoYZomato, a food delivery aggregator, reported a narrowing of losses in the March quarter, with consolidated net loss narrowing to Rs 188 cro...
Zomato stock jumps on reports that Blinkit might venture into home platform services"Growth in revenue per order led to a higher revenue growth of 28% quarter-on-quarter. All of this growth has come without any expansion in...
Is yet another top-level exit at Zomato a winter chill for Street investors?Some market participants see a knee jerk negative impact of the news on the stock on Tuesday. Shares of the company ended 1.5% higher on th...
MFs lap up Zomato shares in July selloff, sit on solid gainsIn value terms, MFs held Rs 1,343.41 crore worth of Zomato shares at the end of July against Rs 963.44 crore in June. Since July 27's low, ...
Aswath Damodaran re-evaluates Zomato at Rs 35. Read his rationaleAllowing for the wide ranges of estimates that one can have on the total market for food (restaurant and grocery) delivery in India in 2032...
Zomato stock reminds Shankar Sharma of Amitabh Bachchan's 'Deewaar' dialogueThe stock has been under pressure since lock-in for pre-IPO investors ended on July 23. As there are no promoters, pre-IPO shareholders, in...