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.
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 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 ...
India’s restaurants versus Swiggy and Zomato
In today’s newsletter, we look at Hindustan Unilever’s acquisition of homegrown skincare brand Minimalist, a mouthwatering prospect for other direct-to-customer brands. But first, the big fight. It’s ...
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 ...
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Inside The NRAI’s Battle Against Zomato, Swiggy’s 10-Minute Food Delivery
The restaurant body is also mulling legal action against both foodtech majors over the launch of 10-minute food delivery ...
India's Zomato posts Q3 profit slump on stiff competition, store ramp-ups
By Ananta Agarwal and Ashna Teresa Britto (Reuters) -Indian food delivery major Zomato's third-quarter profit more than ...
Zomato, Swiggy extend downslide, slip 3% as quick commerce rivalry heats up
Zomato's disappointing Q3 earnings, driven by its aggressive expansion in the quick commerce segment, intensified concerns ...
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Save it for later! The 'bookmark' feature on Zomato unveiled
Then, click on "Bookmarks" or "Favorites." You'll see a list of all the restaurants you've saved for future reference. To ...
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 ...
Restaurateurs flag concern at Zomato, Swiggy entry into private labelling, dining-in
Top restaurateurs raised concerns over the entry of food delivery aggregators like Zomato and Swiggy into private labelling ...
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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 ...