Rapido will need to go all out to battle Zomato, Swiggy in food delivery, say brokeragesRapido is entering the competitive food delivery market dominated by Zomato and Swiggy, initiating a pilot program in Bengaluru. While anal...
11 Jun, 2025, 05.23 PM IST
Can Zomato shares hit Rs 310? Bernstein sees 35% upside despite quick commerce lossesZomato's shares could rise by 35% to Rs 310, according to Bernstein, due to its dominance in India's quick commerce space, expansion throug...
25 Feb, 2025, 04.40 PM IST
Swiggy slips below IPO price as losses widenThe company's consolidated losses in the December quarter widened to ₹799 crore compared to ₹574 crore a year ago, and revenue from operati...
07 Feb, 2025, 05.47 AM IST
Bernstein initiates coverage on Swiggy with Rs 635 target price, stock up 6%Bernstein highlighted that Swiggy is strategically placed to benefit from the shift towards super-fast delivery models in India’s fast-grow...
09 Jan, 2025, 11.02 AM IST
‘Stick to winners’ strategy guides Bernstein’s 2025 top stock picks, including Airtel & ZomatoBernstein favors top large-cap stocks like Infosys and TCS, while adding growth-focused midcaps such as Persistent and upgrading Coforge to...
07 Jan, 2025, 01.48 PM IST
Paytm stock climbs after Bernstein raises target price to Rs 1,000Bernstein raises Paytm target price to Rs 1,000, maintaining 'Outperform' rating. Optimistic outlook with potential 100% upside, but downsi...
21 Nov, 2024, 11.51 AM IST
Zomato launches District app for movies, events, dining out bookingsZomato's new app, District, for its going-out vertical, includes dining, live events, and ticketing. This follows efforts to expand this bu...
16 Nov, 2024, 07.09 PM IST
Hot Stocks: Brokerage view on Paytm, Zomato and Bajaj FinanceNuvama has maintained a 'buy' rating on Zomato, raising the target price to Rs 325, citing growth momentum and faster Blinkit dark store ad...
23 Oct, 2024, 08.54 AM IST
Bernstein hikes Zomato target price, projects 16% upside amid quick-commerce boomBrokerage firm Bernstein has upheld its 'Outperform' rating on Zomato and adjusted its target price to Rs 330, indicating a potential incre...
13 Sep, 2024, 01.06 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
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
Zomato shares skyrocket 19% to double money in 2024, target prices go up to Rs 350Zomato Share Price Updates: Shares of food delivery giant Zomato surged 10% to a day’s high of Rs 257.95 after reporting a multifold increa...
02 Aug, 2024, 11.54 AM 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
Zomato shares fall 6% on ESOP headache but target prices rise up to Rs 280. Should you buy, sell or hold?Zomato Stock Price: Despite positive target price revisions from brokerages such as CLSA, Jefferies, Bernstein, and Elara, shares of foodte...
14 May, 2024, 12.28 PM IST
Hot Stocks: Brokerages view on SBI, Voltas, Zomato, Maruti and HDFC BankBrokerage firm CLSA maintained an outperform rating on Maruti Suzuki and downgraded HDFC Bank to outperform. Morgan Stanley maintained an o...
11 Mar, 2024, 10.05 AM IST
Funding winter may lead to market share gains for Nykaa, Zomato; Google India fires 453 employeesThe funding winter has prompted some companies to cut costs, rethink business models and lay off employees. But the challenging environment...
17 Feb, 2023, 08.12 PM IST
Segment leaders like Nykaa, Zomato may gain market share amid funding winter: BernsteinPrivate wealth management firm Bernstein predicts that Indian internet companies may face funding challenges for the rest of the year, poss...
17 Feb, 2023, 06.15 PM IST