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CREDIT SUISSE ON ZOMATO
Tata may retain outgoing CEO Rajesh Gopinathan in advisory role; Zomato's beginning to reclaim lost market shareTata Group is looking to offer an advisory role to Rajesh Gopinathan, the outgoing CEO of Tata Consultancy Services (TCS). Gopinathan is se...- Hot Stocks: Brokerage view on Zomato, Nykaa, Delhivery, TVS Motors and GAIL IndiaCredit Suisse maintained its positive view on Zomato but has a cautious stance on Nykaa. According to the investment bank, internet economy...
- Bad news surrounds Zomato, but Street’s faith in turnaround story intactThe shares have corrected 9% in a week, but this is after the stellar gains it made earlier in the month. Net-net, so far in November, the ...
- Hot Stocks: Global brokerage view on Bharti Airtel, PB Fintech and ZomatoCitigroup maintained a buy rating on Bharti Airtel with a target price of Rs 940. The global investment bank forecasts a 15% consolidated E...
- Hot Stocks: Global brokerages on IndusInd Bank, Bajaj Finance and ZomatoCredit Suisse maintained an outperform rating on Zomato with a target price of Rs 90. Zomato can turn EBITDA breakeven as guided, it said. ...
- Hot Stocks: Global brokerages on Maruti Suzuki, Zomato, Persistent Systems, Aurobindo Pharma, and SBI CardChips supply is improving, at least gradually, the brokerage noted. Suzuki is more confident about margin upside in India than elsewhere. S...
- Hot Stocks: Global brokerages on Zomato, ICICI Bank, JSW Steel & Tata SteelHigh growth with margin expansion is likely to be a challenge, said the note. A double-digit contribution margin in food delivery will be a...
- Kotak joins Jefferies & Credit Suisse to turn bullish on Zomato; sees 75% upsideZomato does not have an identifiable promoter and is a professionally managed company. In such cases, entire pre-IPO equity is locked in fo...
- Zomato allots 4.66 crore shares to employees at 98% discountThe volumes for Zomato have remained elevated on the exchanges as more than 145 million shares of the company exchanged hands on BSE as of ...
- Zomato shares up nearly 7% as analysts project bigger order volumesAnt Group-backed Zomato made a strong debut on the Mumbai market last year, but concerns about its valuation have brought down its market v...
- After Jefferies, Credit Suisse expects 100% rally on Zomato! Should you buy this dip?Credit Suisse has maintained its 'outperform' rating on the stock, with a target of Rs 90. The brokerage said Zomato is on a clear road to ...
- Zomato tumbles for 4th session, wipes out nearly Rs 12,000 crore m-capThe stock of the food delivery giant has slumped about 25 per cent since Monday after the company acquired the quick commerce delivery firm...
- Why Zomato's Rs 4,447 crore Blinkit deal sent its shares tumblingZomato's proposed acquisition of Blinkit at an EV of $720 million will be 7.3 per cent dilutive for existing holders. But it would widen it...
- Some brokerages cut Zomato price targetJefferies has cut its price target on Zomato to ₹120 from ₹175 while maintaining a buy rating. Credit Suisse has lowered target price to ₹1...
- 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.
- Zomato IPO: When will it open, IPO price, retail quota, how many shares can you bid for, allotment statusZomato IPO will open for subscription on Wednesday, July 14, and will close on Friday, July 16. The price band for Zomato IPO has been fixe...
- Zomato gets Sebi's go-ahead to float Rs 8,250-crore IPOZomato, which filed preliminary IPO papers with Sebi in April, obtained its observation on July 2, an update with the regulator showed on M...
- Zomato files IPO draft papers, to raise Rs 8,250 croreZomato’s IPO is one of the most awaited in recent capital market history given that it will be among the first technology unicorns to be li...
- Zomato IPO: Info Edge to sell stake worth Rs 750 crore via OFSInfo Edge will sell stake worth Rs 750 crore in the IPO of the food delivery aggregator, the company said in an exchange filing.
- Neutral Info Edge (India), target Rs 850: Credit SuisseThe global investment bank believes that the stock lacks any near-term trigger and believe that Zomato may not have any material bearing on...
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