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ZOMATO BOFA DOWNGRADE
ETtech Explainer: Why Zomato’s Goyal is back in the food delivery hot seatThe food delivery segment has seen some slowdown. The internal reshuffle can be indicative of this slowdown and the measures to contain it....24 Apr, 2025, 07.50 PM IST- Stock market slump hits new-age tech firms in 2025; Zomato, Swiggy, others in the redBhavish Aggarwal-led Ola Electric, food delivery aggregators Zomato and Swiggy and FirstCry are among stocks hardest hit in 2025. Investors...07 Apr, 2025, 07.31 PM IST
- Goldman Sachs sees 50% upside in Zomato, calls Blinkit pessimism overdoneGoldman Sachs remains confident in Zomato, maintaining a 'buy' rating with a target price of Rs 310 despite recent stock declines and conce...04 Apr, 2025, 11.40 AM IST
- 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 ...27 Mar, 2025, 05.37 AM IST
- Meesho's order spike; Zomato takes a dipMeesho's order volumes increased in the nine months ending December 2024, per its annual report. This and more in today's ETtech Top 5.26 Mar, 2025, 07.51 PM IST
- $394 mn inflows eyed as IHCL, Swiggy, 5 more join Nifty Next 50 in March rejigIn terms of inclusion, Indian Hotels is expected to witness the largest inflow at $108 million, followed by Britannia with $85 million, BPC...26 Mar, 2025, 07.40 PM IST
- This brokerage spots a buying opportunity in Laxmi Dental despite 28% fall from record highLaxmi Dental’s stock, which debuted with a 27% premium, has fallen below its IPO price. Nuvama initiated coverage with a ‘buy’ rating and a...26 Mar, 2025, 03.14 PM IST
- 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...26 Mar, 2025, 10.28 AM IST
- Ahead of Market: 10 things that will decide stock market action on TuesdayIndian markets declined on Monday, snapping a five-day winning streak. Consumer stocks, led by Godrej Consumer's weak Q3 forecast, dragged ...09 Dec, 2024, 11.05 PM IST
- 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...31 May, 2024, 10.21 AM IST
- If US avoids recession, how far can Nifty go? BofA analysts predictGlobal brokerage firm BofA said it sees Nifty inching ending December 2023 at 20,500 as returns have mostly been positive at least three mo...08 Aug, 2023, 12.24 PM IST
- Top favourites! SBI, Airtel among 10 stocks that got most number of upgradesOut of the 38 analysts with a coverage on SBI, which reported its highest-ever quarterly profit after tax (PAT) of Rs 13,264.62 cr in Q2, a...30 Nov, 2022, 12.51 PM IST
- Uber Technologies likely to sell 7.8% stake in Zomato through block dealThe sale has been fixed at Rs 48-Rs 54 apiece, a discount of 2.8-13.6% to Tuesday’s closing price of Rs 55.55 on the National Stock Exchang...03 Aug, 2022, 05.12 PM IST
- 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...06 May, 2022, 01.00 PM IST
- Market Movers: Zomato tanks 7% to hit all-time low; here’s whyThe selloff in the counter has come when almost all tech stocks have suffered. Even those listed in the US are in bear grip.04 May, 2022, 06.57 PM IST
- BoA has underperform rating on Info Edge, target price Rs 1,875The brokerage expects economic slowdown to impact the company's flagship business Naukri.21 Apr, 2020, 08.25 AM IST
- Analyst Calls: Info Edge, Eris Lifesciences, Essel PropackAntique Stock Broking has initiated coverage on Essel Propack with a target price of ₹240.21 Apr, 2020, 07.19 AM IST
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