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Nifty in control of FIIs? The unlucky 13 bluechips facing the hardest institutional selloffForeign investors have significantly reduced holdings in many Nifty companies since September 2024. This has impacted top blue-chip stocks,...- BofA lowers its ratings on Swiggy and ZomatoThe brokerage has downgraded Zomato from 'Buy' to 'Neutral', and cut its price target to ₹250 per share, and Swiggy to 'Underperform' from ...
- Zomato shares drop 5% after BofA downgrades stock to ‘neutral,’ cuts target price to Rs 250.Zomato shares dropped 5% to Rs 199.90 on the BSE after BofA Securities downgraded the stock to "neutral" and cut its price target to Rs 250...
- Swiggy, Zomato shares extend fall as quick commerce burn weighsSwiggy’s market capitalisation has now fallen below $10 billion, while Gurugram-based Zomato’s valuation slipped under $23 billion. Jefferi...
- Zomato shares crack 11% after Q3 PAT falls 57% YoY. Should you buy, sell or hold?Why Zomato Share is Falling Today: Zomato share price dropped by 11.43% after reporting a 57% decline in Q3 net profit to Rs 59 crore. Reve...
- Hot Stocks: Brokerage view on HDFC Bank, Apollo Hospitals & Zomato; BofA upgraded M&MBrokerage firm Macquarie maintained an underperform rating on Zomato and Apollo Hospitals. BofA Securities recommended a buy on HDFC Bank a...
- Hot Stocks: Brokerages view on AB Capital, Zomato, UPL and Varun BeveragesBofA Securities upheld a buy rating for Varun Beverages, while Jefferies suggested buying Zomato. AB Capital received an Equal Weight ratin...
- Ant Group arm divests 3.4% in Zomato for Rs 3,337 croreAccording to BSE bulk deals data, Alipay Singapore Holdings, an entity of the Ant Group, sold 297 million shares at ₹112.70 per share.
- Hot Stocks: Brokerages view on SBI, Zomato, Titan Company and InterGlobal AviationCLSA maintained a buy rating on SBI with a target price of Rs 700. Most parameters are on track with net interest margin (NIM) moderation, ...
- Hot Stocks: Brokerages on Trent, Zomato, ZEEL, Avenue Supermarts and Oil IndiaBofA has a buy view on the Zomato counter for a price target of Rs 110. It sees momentum remaining strong with a clutch of catalysts likely...
- 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 ...
- Hot Stocks: Brokerage view on Muthoot Finance, Bandhan Bank, Delhivery, Zomato and Divi’s LaboratoriesBrokerage firm BofA Securities has given a buy rating on Muthoot Finance and Zomato, and a neutral rating on Bandhan Bank and Divi’s Labora...
- ONDC a threat to Zomato only if it scales up meaningfully, says Motilal OswalMotilal Oswal has reiterated a "Buy" rating on Zomato stock, claiming it has found "no evidence" of an adverse impact from the Open Network...
- Hot Stocks: Brokerages on Mankind Pharma, Lupin, MGL, Zomato, Godrej ConsumerBrokerages have initiated coverage and maintained ratings on several companies, according to top brokerages sources. Antique has initiated ...
- 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 Glenmark Life, Zomato and Hindustan UnileverBofA Securities maintained a buy rating on Glenmark Life with a target price of Rs 560. Sustainable growth drivers are in focus.
- Hot Stocks: Global brokerages on M&M Finance, Indigo, Marico, ZomatoGoldman Sachs upgrades InterGlobe Aviation or Indigo to buy with a target price of Rs 2,210. Indigo's market share gains are sustainable. I...
- Zomato block deal: Fidelity, Franklin Templeton, ICICI Prudential among likely buyersA 7.8% stake sale in Indian food delivery firm Zomato Ltd was executed via a block deal on local exchanges at 50.44 rupees per share on Wed...
- What foreign brokers said on Zomato, Tata Motors, Sobha & 7 other stocksMorgan Stanley has initiated coverage on SRF with an overweight stance with a target of Rs 2,757. It also initiated coverage on Aarti Indus...
- Burning cash? Zomato wipes off Rs 88,000 cr m-cap in 6 monthsOn Friday, the market capitalization of Zomato dwindled down to Rs 45,381.69 crore, its lowest since listing. This is Rs 87,732.69 crore le...
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