A 10% decline and yet India’s more expensive than EM peersAt home, most sectors and themes are expensive compared to their recent historical averages. Banks and other lenders are considered the che...
02 Jan, 2025, 05.45 AM IST
Hemang Jani prefers Hero Motor & Bajaj Auto for next 3 to 6 months; finds merit in Swiggy IPOHemang Jani, an independent market expert, discusses his cautious stance on passenger vehicles but favors Hero Motor and Bajaj Auto for the...
26 Sep, 2024, 12.26 PM IST
Zomato shares soar; m-cap briefly hits $30 billion on bumper resultsOn Thursday, food delivery major Zomato reported a multifold jump in consolidated net profit to Rs 253 crore for the June quarter of FY25, ...
02 Aug, 2024, 08.23 PM IST
Zomato rises 4% as brokerages show higher appetite for stock post Q2 earningsZomato posted a Rs 36-crore profit after tax (PAT) against the estimates of Rs 5-crore loss by ETNow poll. The company had posted a surpris...
06 Nov, 2023, 09.46 AM IST
Kotak raises Zomato fair value on higher contribution margin for food deliveryThe increase in fair value, on the basis of information provided in the company’s FY23 annual report, is mainly due to the contribution mar...
25 Oct, 2023, 05.42 PM IST
Zomato shares hit 52-week high of Rs 105.90; m-cap nears $ 11 billionThe stock's value has surged in the last eight months. Mutual funds have increased their investments in Zomato, making it one of the top bu...
03 Oct, 2023, 04.31 PM IST
MFs lap up these 3 new-age technology stocks in May; have fortunes changed?New-age technology companies such as Zomato, FSN E-Commerce, and PB Fintech were among the top investment picks for mutual funds in May. De...
15 Jun, 2023, 10.38 AM IST
Nippon India Growth mutual fund review: Scheme has beaten index, peers over the past yearEarlier run as a market cap agnostic fund, this fund shifted to the mid-cap mandate in 2018, preceded by a change in fund manager a year ea...
01 Aug, 2022, 06.30 AM IST
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...
30 Jun, 2022, 02.48 PM IST
Paytm, Zomato, 3 other new-age cos worth less than Rs 2 lakh crore nowThree of these companies commanded m-caps of about Rs 1 lakh crore on their respective listing days.At 12.26 pm, Zomato was trading at Rs 6...
13 Jun, 2022, 05.59 PM IST
Investor losses in Paytm, Nykaa, PB & Zomato mount to Rs 1.3L cr since Day 1Paytm has lost nearly two-third of its value as the IPO at issue price had sought a valuation of about Rs 1.39 lakh crore.
18 Feb, 2022, 12.33 PM IST
Nykaa’s market cap briefly surpasses that of Zomato, Paytm in intraday tradeFor a brief period during the day's trade, the market cap of the cosmetics-to-fashion ecommerce player hit Rs 1.19 lakh crore, while Zomato...
26 Nov, 2021, 05.36 PM IST
Zomato may invest $500 million in Grofers to push its quick commerce playIf the deal goes through it will be the largest investment for the food delivery platform. The new round, likely to value Grofers at $1.5 b...
18 Nov, 2021, 09.06 AM IST
Zomato surges 12% after dream debut, surpasses TechM in m-capThe online food aggregator commanded a market capitalisation (m-cap) of Rs 1,10,499 crore, which exceeded the Rs 1,08,340 crore market valu...
26 Jul, 2021, 04.30 PM IST
Zomato market cap breaches Rs 1 lakh crore after stellar D-Street listingZomato entered the elite club of Top 100 listed companies in value terms, with a market capitalisation of Rs 90,219.57 crore.
23 Jul, 2021, 11.29 AM IST
Swiggy, Zomato back to discounting to attract new usersOver the years, Swiggy and Zomato have offered significant discounts and they been a key driver in acquiring customers, but the renewed off...
06 Jul, 2021, 06.00 AM IST
IPO-bound Zomato adds four independent women directorsCofounder Deepinder Goyal said this decision was part of broader efforts by Zomato to make the company more inclusive and diverse.
24 Apr, 2021, 09.35 AM IST