New Delhi, Jan 21 (PTI) Shares of food tech unicorn Zomato plummeted 12 per cent in ... Further, this is the biggest single-day drop for Swiggy's shares since its listing last year.
Shares of Zomato plunged 5.05% to hit an intraday low of INR 203.80 on the BSE today (January 22), extending their losses for the fourth consecutive day. At 1:36 PM, the stock was trading at INR ...
At the time of writing the story, Zomato’s stock was trading at INR 229.65 a piece on BSE. Notably, the food delivery giant’s shares have entered their seventh consecutive day of losses since ...
“Zomato's loss of 15% in value in less than a day has a lot to do with profit margins getting hit in high-growth q-commerce,” wrote Aviral Bhatnagar, Founder and Managing Partner of AJVC.
This is after the nearly 125% surge seen in the stock in 2024. (Image: Reuters) Zomato shares fell 5% to an intra-day low of Rs 251.55 after the brokerage house Jefferies downgraded the stock to a ...
Zomato introduces a 15-minute food delivery service, akin to Swiggy's Bolt, through a new feature on its app that offers quick-to-prepare and ready-to-eat meals. Available in select areas for ...
Zomato has been a poster child of startup success. After its IPO in 2021, the stock had been a dull counter until June 2023—the first quarter when its bottom line turned positive. There has been ...
The shares of Zomato on BSE closed 7% higher at Rs 236 apiece as against day's low of Rs 215.6 apiece. Sitharaman had also listed a few schemes for online platform workers and gig workers.
Zomato is set to launch a pilot for its new 10 ... on X that Zepto Cafe had successfully completed over 50,000 orders a day within just a month of launching. Other startups like Accel-backed ...
Hong Kong-based brokerage CLSA reiterated its 'outperform' rating on restaurant aggregator Zomato Ltd, adding the firm to its 'high conviction' list, amid the ongoing correction in the stock.
The post has accumulated more than 4,000 views. Bengaluru-based YouTuber Ishan Sharma recently shared his experience with Zomato on X, after receiving a chai (tea) without jaggery. But what ...
The owner of Lombard The Paper People, Claude Lombard, has called into 3AW to talk about the free Australia Day posters he’s giving away this year! Lombard is a proud Australia Day ambassador and told ...