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BROKERAGES ON ZOMATO
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...
ETtech Explainer: How Swiggy’s failed bid to become an Indian firm matters for InstamartSwiggy's bid to become an Indian-owned-and-controlled company (IOCC) has been delayed after shareholders failed to approve changes to its a...
Unfazed by 670X P/E, retail investors add Eternal on dips for 2nd quarter as stock trades 30% off peakRetail investors are showing confidence in Eternal, a food delivery and quick commerce firm. They are buying its shares on price dips, unde...
Why market fell today? Sensex slumps 583 pts, Nifty below 24,000; 7 key triggersIndian stock markets experienced a significant downturn on Thursday, with Sensex and Nifty both falling over 0.7%. This decline was driven ...
ETtech Explainer: What does Blinkit’s growth moderation mean for rivals?The platform recently reported its second straight quarter of positive adjusted Ebitda (earnings before interest, taxes, depreciation and a...
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...
Eternal shares rally over 4% after strong Q4 results. What CLSA, Goldman Sachs, 4 others are sayingEternal's shares surged after reporting a 346% YoY net profit jump to Rs 174 crore, driven by a 196% revenue increase. Blinkit's quick comm...
Eternal Q4 revenue, profit surge on Blinkit boostEternal, which runs Zomato and Blinkit, saw its March quarter revenue surge threefold and net profit rise 4.5 times. Quick commerce margins...
Eternal Q4 Preview: Will over 400% YoY profit growth help dominate Swiggy?Zomato is likely to report strong Q4 growth, with revenue rising about 180% YoY and profit up nearly 430%, driven by Blinkit’s continued mo...
Most hated stocks: FIIs dumping these 146 companies without a break for 4 straight quarters. Do you own any?Foreign institutional investors have been consistently selling shares in 146 Indian companies for four consecutive quarters. This selling s...
Eternal vs Swiggy: Quick commerce giants crash up to 32% in 2026 so far. Should you buy now?Shares of Eternal and Swiggy have fallen sharply in 2026 so far, down about 17% and 32%, amid inflation concerns, potential AI-led job loss...
Eternal, Swiggy shares rally 3% but HSBC just reduced target prices. Should you buy?Eternal and Swiggy shares rose after platform fee hikes, despite HSBC cutting target prices due to rising competition in quick commerce. Th...
Eternal shares to rally till Rs 415 after platform fee hike? What Elara saidEternal shares gained after Elara Securities projected upside to Rs 415, citing a platform fee hike as a key margin driver. The brokerage b...
Swiggy, Zomato shares rally up to 8% as ICICI Securities reiterates buy ratingsSwiggy and Zomato shares rose after ICICI Securities reaffirmed its bullish outlook, citing attractive valuations and improved discretionar...
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...
Pair trade: Brokerage Citi overweight on Zomato, underweight on Info EdgeCiti's recommendation came at a time when US hedge fund Tiger Global reduced its shareholding in Zomato by selling 2.34 per cent stake or 1...
Blinkit deal a 'poison pill' for Zomato? Here's what global brokerages sayThe brokerage highlighted that Zomato has to attempt to build its grocery business closer to the middle of this framework and leverage tech...
Credit Suisse sets a price target of Rs 185 for ZomatoCredit Suisse has initiated coverage on online food delivery platform Zomato with an outperform rating and a target price of ₹185.
Morgan Stanley on three reasons why Zomato’s premium valuations will sustainThe brokerage firm said that Zomato’s robust growth compared to peers, a consolidated market structure and steady-state margins that match ...
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...