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.
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 and One 97 Communications Ltd (Paytm) climbed 2-3 per cent in Thursday's trade after a recent 13-20 per cent selloff. Paytm shares were up 2.59 per cent at Rs 862.90 ...
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 ...
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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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 ...
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 ...
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 ...
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 ...