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 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 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 ...
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 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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Gig workers’ union IFAT extends support to NRAI over Swiggy, Zomato’s 10-minute delivery apps
Swiggy and Zomato launched their 10-minute food delivery verticals as standalone apps with Swiggy's SNACC and Zomato's Bistro ...
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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 ...
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 ...
Disappointing Q3 Results Send Zomato and Swiggy Stocks Tumbling
The Indian stock market witnessed a significant drop in the share prices of food delivery giants Zomato and Swiggy on Tuesday ...
Blinkit tamatar taiyaar rakh: Zomato reacts as Farhan Akhtar’s cryptic post sparks ZNMD 2 speculation
Farhan Akhtar's social media video featuring Hrithik Roshan and Abhay Deol hinted at a sequel to Zindagi Na Milegi Dobara, ...