Zomato reported a 57 percent decline in profit for Q3, with consolidated net profit dropping to Rs 59 crore from Rs 138 crore ...
Adjusted revenue for the December quarter will likely grow 55% year-on-year, according to global brokerage firm Jefferies, ...
Out of the 28 analysts that have coverage on Zomato, 24 of them have a 'Buy' rating on the stock, one of them say 'Hold', ...
Zomato's aggressive store expansion for its quick commerce business, Blinkit, has inflated losses and dragged its Q3 net ...
Market analysts are revising stock price targets downward for Zomato after the food delivery giant posted a mixed performance ...
Zomato's share price fell by nearly 10% in early trade on Tuesday, following a significant 57.25% decline in net profit for ...
Mutual funds invested Rs 10,200 crore in Zomato shares in Q3, making it the most bought stock. Mutual fund holdings increased ...
While the stock faces short-term headwinds, analysts remain confident in Zomato’s ability to leverage its competitive ...
Eicher Motors Ltd., BSE Ltd., ABB India Ltd., Larsen & Toubro Ltd. and Titan Co. are among the companies that Jefferies ...
The quick commerce sector, where Zomato and Swiggy dominate, is witnessing heightened rivalry. Investors are wary of the cost ...
Shares of Zomato dipped as much as 4.49% from last week's close to INR 238.7 due to a bearish outlook presented by brokerage ...
In Q3, Blinkit's GOV grew by 27.2% QoQ, maintaining a strong growth trajectory. However, profitability faced pressure, as ...