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ZOMATO PRICE PREDICTION
Young, loss-making startups keep OFS portion lean as investor scrutiny growsNew-age, loss-making startups are prioritising large fresh issue components in their IPOs to fund growth, a shift from the 2021-22 cycle. I...- Critical Stage: India's concert boom has a venue problemIndia's booming live entertainment scene, evidenced by massive ticket sales for global and local artists, faces a critical hurdle: a severe...
- Electric two-wheeler sales cross 150,000 in May amid fuel price riseThe recovery comes after a 22% month-on-month fall in April from a record 192000 units in March, when automakers used aggressive discounts,...
- Uber CEO Dara Khosrowshahi on India bets, Travis Kalanick, jobs in the AI era & moreUber CEO Dara Khosrowshahi anticipates India becoming its largest market in a decade, highlighting dynamic growth and talent. The company i...
- 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 ...
- Buildit: Eternal CEO Albinder Dhindsa turns author, pens book on Blinkit’s journeyAlbinder Dhindsa, Eternal CEO and Blinkit cofounder, is launching his book Buildit, announced book publisher HarperCollins. The book, price...
- Eternal shares jump 4% after Goldman Sachs flags margin boost from foreign ownership capEternal shares:Goldman Sachs stated that the move, announced on April 18, could boost Blinkit's EBITDA by 15–20% by FY30, potentially addin...
- Zomato shares may see $700 million inflow if it bags Nifty seat this monthZomato's potential inclusion is anticipated to attract a substantial inflow of funds, estimated at $702 million, which could increase deman...
- Kotak sees Zomato shares rallying up to 26%, maintains buy ratingKotak Institutional Equities reaffirmed a "buy" rating on Zomato, maintaining a target price of Rs 275, citing strong food delivery margins...
- Big movers on D-Street: What should investors do with Zomato, HUL and Dabur?Sensex surged 809 points, marking its fifth consecutive rise. Analyst Kushal Gandhi advises buying Zomato, targeting 340 with a stop-loss a...
- Blinkit contributes more to Zomato’s market cap than its food delivery biz: Goldman SachsBlinkit boosts Zomato's value surpassing its food delivery business. Blinkit’s implied value is Rs 119 per share, while Zomato’s food deliv...
- Nomura, Goldman Sachs buy Zomato shares as SoftBank sells 1.17% in Rs 947 crore dealAccording to exchange data, SoftBank Vision Fund has offloaded 10 crore shares or 1.17% stake in the company as the lock-in for the post-Bl...
- SoftBank to sell 1.17% stake in Zomato via block deal on WednesdayThe deal price is said to be Rs 94 per share, which will take the transaction value to about Rs 940 crore
- Zomato stock likely to be volatile near term, says JM Financial. Here’s why“While we cannot accurately predict when (if at all) these shareholders would want to exit, we note that several of them are already sittin...
- Zomato can rally up to 56%, says Kotak Institutional EquitiesFood delivery order growth of 38% YoY lagged GMV growth of 40%, indicating a rise in AOVs, a trend Zomato witnessed as well. In comparison,...
- Deepinder Goyal takes to Instagram for the first time, says he's "not a boomer anymore"The CEO has directed his staff to his Instagram page with a tweet, stating he is not a boomer anymore. Since this is his first online inter...
- Zomato will soon launch 10-minute food delivery service, says founder Deepinder GoyalGoyal said the company will do 10-minute delivery through “a dense finishing stations’ network” located near high-demand customer neighbour...
- Reliance may disappoint if you look at only the current quarter: Sushil Choksey"If you take a 2-3 year outlook, Reliance Retail would be listed separately and you will have to ascertain what value would you prescribe t...
- Is Zomato IPO super expensive or price band just an optical illusion?Zomato IPO opened for subscription today with a price band of Rs 72-76. The last date to apply for the IPO is July 16.
- Info Edge may not participate in Zomato’s future fundraising plans due to its high valuationInfo Edge, which also owns jobs listing website Naukri and online property search firm 99acres, is the largest shareholder in Zomato with a...
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