Zomato share price falls 5%, plunges 18% in 3 days. Is there more pain ahead for this new-age tech stock?
Falling for the third consecutive session, Zomato share price cracked 5 per cent in morning trade on the BSE on Wednesday, January 22.
Zomato, Paytm shares recover after recent selloff; here are stock price targets
In the case of Zomato, HSBC noted that aggressive store additions is leading to heightened losses and, hence, the recent stock correction.
Could Zomato share price fall 44%? Macquarie say Yes. Here’s Why…
Zomato’s share price has fallen more than 17% in the past five trading sessions. It has fallen almost 24% in the last one month and 5.6% in the previous six months. However, the stock has given a return of 61% in the last one year.
Zomato Shares Plunge 13% After Earnings Miss Analyst Estimates
Shares of Zomato Ltd. slumped more than 13% on Tuesday after losses in the quick commerce segment caused the company’s earnings to fall short of analyst estimates.
Zomato shares crashed 15% after Q3 results: why analysts are divided
India’s food delivery giant, Zomato’s share price crashed after the company posted its earnings report for the quarter ended December earlier this week. Zomato’s stock has slumped over 15% this week.
Zomato shares continue to slump for 2nd day; plunge 12 pc
Shares of food tech unicorn Zomato plummeted 12 per cent in the morning trade on Tuesday after the food delivery aggregator reported a 57
Zomato share price plunges over 9% after Q3 PAT slumps 57% YoY
Zomato share price dropped over 9% following a 57.2% decline in Q3 net profit to ₹59 crore. The company reported a revenue of ₹5,405 crore, while total expenses surged to ₹5,533 crore, reflecting challenges amid rapid expansion and demand slowdown.
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What Deepinder Goyal’s Letter Tells Us About Zomato’s Plans With Its 10-Minute Food Delivery App Bistro
Zomato CEO assures restaurant partners fair practices defending its 10-minute food delivery push via Bistro as NRAI considers ...
Zomato swiggy private labelling news NRAI to approach CCI as top restaurateurs raised concerns
Addressing an NRAI townhall with restaurant industry stakeholders on Wednesday, NRAI President Sagar Daryani suggested that ...
Zomato, Swiggy slammed over ‘private labelling’ by restaurants body: ‘Why should they charge?’
The NRAI had filed a petition with the Competition Commission of India (CCI) in 2021, accusing both Zomato and Swiggy of ...
Zomato triggers another war: Big brokerages take big opposing views
Several analysts cut their target price on Zomato amidst rising competition. However, one reputed brokerage remains bullish ...
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Zomato Expands ESOP Pool With 4.17 Cr Stock Options
Based on Zomato’s stock closing price of INR 216.45 per share on Wednesday, the total value of these stock options is ...
India's Zomato's Q3 profit tumbles as store ramp-ups take a toll
India's Zomato reported a 57% fall in third-quarter profit on Monday as its margins continued to face pressure from increased ...
Restaurants versus Zomato & Swiggy: Why the slugfest over 10-minute food delivery
Blinkit launched Bistro on the Google Play Store, followed by a rollout in select Gurugram locations on January 10.
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Zomato Will Never Compete With Restaurants: Deepinder Goyal
In a letter, Goyal said that Zomato will never compete with its own restaurant partners, adding that Bistro is not a "private ...
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Deepinder Goyal defends Bistro in a letter, says Zomato is not competing with restaurants
TV18, Goyal also wrote that reducing delivery times will significantly expand the market, and that it is looking at reducing ...
Zomato & Swiggy Shares: How Are The Stocks Of Two Delivery Giants Reacting To Restaurant Body's Legal Challenge?
The Deepinder Goyal-led company made gains of 1.76 per cent or Rs 3.80. This took the overall of the Zomato shares to Rs 220.25 per piece. When we look the shares of Swiggy, the gains made in the ...