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.
Zomato’s share price plunged around 10 per cent in early trade on Tuesday after the Indian-headquartered food delivery giant reported a sharp drop in net profit. Zomato is a food delivery and ...
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 ...
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.
Their angst is understandable. Restaurants are in a tough position — they can neither live with Swiggy and Zomato nor can they live without them. The food delivery companies’ massive fleets ...
As January chimes in, so does Q3 results. Zomato, Paytm, IDBI Bank, Dixon Technologies and IRFC were the notable names who announced their results for the October-December quarter (Q3).
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 ...
Food delivery and quick commerce major Zomato reported a 57.24 per cent year-on-year (YoY) decline in the profit after tax (PAT) at Rs 59 crore for the third quarter ended December 2024 as against Rs ...
The festive season came as a downer for Zomato and Swiggy. Their share prices fell by 25-30% from December 15 onwards as broader consumer demand slowed. The two stocks underperformed the Nifty 50 ...
Zomato Q3 Results: The Gross Order Value (GOV) for the food delivery and quick commerce businesses is projected to grow 22% and 113% YoY, respectively, with take rates of 21% and 19%, contributing to ...
But what if you could just drive up and grab your meal without the wait? Well, with Zomato's Curbside Pickup feature, you can! It's a game-changer, offering a faster, hassle-free alternative to ...
The shares of online food delivery and quick commerce major, Zomato, took a major beating in the stock market on Tuesday. The company’s shares declined close to 10 per cent in the morning market hours ...