Zomato Ltd shares might have fallen 17 per cent in 2025 so far, they stare at 44 per cent further downside if Macquarie's fresh target price on the stock post Q3 results are taken into consideration.
Shares of Zomato Ltd plunged 9 per cent in Tuesday's trade, taking its year-to-date fall to 20 per cent. The stock has entered the bear grip following less-than-expected December quarter results.
Food delivery aggregator Zomato has hopped on an aggressive store expansion spree for its quick commerce business, Blinkit. This expansion has driven up investment costs, inflating Blinkit's ...
1) Aggressive store addition: Zomato reported a 57% fall in third-quarter profit on Monday as its margins continued to face pressure from increased spending on opening more centres to fulfil ...
Zomato shares nosedived by nearly 8% on Tuesday, slipping from above ₹250 to around ₹220, following the announcement of its Q3FY25 results. The company reported a sharp 57.3% YoY decline in ...
But first, the big fight. It’s restaurants versus Swiggy and Zomato. The delivery person is taking over the kitchen. The already uneasy relationship between restaurants and food delivery apps ...
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Zomato Q3 Results: Food delivery company Zomato on Monday reported a 57% fall in its December quarter consolidated net profit at Rs 59 crore versus Rs 138 crore reported in the year ago period. The ...