Page 39 - Zomato

Zomato, 4 others zoom up to 45% in August; charts suggest more strength

Zomato and Metro Brands may see an upside of up to 32 per cent, while JSW Energy, Kensai Nerolac, and Hikal could surge up to 11 per cent.

Sharp surge in markets boosts equity share sales of listed companies

A sharp surge in the market from this year's lows in June is stoking equity-share sales at listed companies

Teenagers' share in India's gig sector grows 8 times in last 4 yrs: Report

Around 40% of the gig workers now come from the age group of 16 to 23, says a study by Taskmo, an on-demand staffing platform

Q1 results review: Zomato, Paytm & Nykaa to focus on profitable growth

Food delivery aggregator Zomato, for instance, has brought down its losses by huge margin

India at 75: Parle-G and 14 other brands inseparable from the India story

From the evergreen Parge-G biscuits to summer companion Rooh Afza and Zomato, which is bringing the world to your table, here are 15 brands that we all can relate with

Stocks to watch: Eicher Motors, Tata Consumer, Coal India, BoB, IRCTC

Stocks to watch today: Apollo Hospitals, Trent, Aurobindo Pharma will report their June quarter results (Q1FY23) on Thursday, July 11; Bank of Baroda raised their MCLR rate by 5-20 bps across tenors.

Zomato targets breakeven by Q2 FY24, lowers investment guidance to $320 mn

Zomato Ltd is targetting to achieve the breakeven level in overall business between the 4th quarter of this fiscal and the 2nd quarter of FY24 having cut losses gradually, according to company CFO.

Jefferies sees 15% correction in Indian markets; adds Zomato to portfolio

In the past one month, the S&P BSE Sensex and the Nifty50 have gained around 8 per cent each with a large part of these gains coming via the BFSI route

Is it time to add Paytm, Nykaa, Zomato to your portfolio?

New-age tech companies have reported good June quarter results. But analysts believe it will be a long road to recovery for their respective businesses. Is this the right time to own these stocks?

Zomato's weightage in FTSE indices to rise to 24.9% from August 11

Shares of Zomato gained 2 per cent to close at Rs 55.6

Nykaa, Paytm, Zomato: Are these stocks worth your money post Q1 results?

The common thread, however, that runs across most brokerages is Zomato, where they suggest buying the stock with the one-year target price ranging between Rs 60 - 115

Why Zomato's pre-public offer investors are rushing to the exit door

Though stock has crashed 65% from peak, most pre-IPO investors are in-the-money even at beaten-down valuations

Zomato, Nykaa, Nestle, Dabur: Jefferies bets big on Gen Z boom in India

Jefferies expects Gen Z's income to increase 5x as they enter the workplace and are set to surpass Millennials by the end of the decade

Tiger Global sells 2.34% stake in Zomato, sells 185 million shares

Tiger Global's Internet Fund VI Pte Ltd had a holding of 5.11 per cent in the online food delivery platform before the sale

Zomato gains 6%; stock rebounds 21% from Wednesday's low

American ride-hailing giant Uber, on Wednesday, sold its entire 7.78 per cent stake in domestic food-delivery company Zomato to mop up Rs 3,088 crore

Uber sells entire stake in Zomato; pockets Rs 3,088 cr, makes 2.4x returns

Fidelity Investment Trust Fidelity Series Emerging Markets Fund bought 54.4 mn shares worth Rs 274 cr and ICICI Prudential Life Insurance bought another Rs 226 crore, showed block deal data

Indian start-ups' road to profitability

Indian startups are shedding the extra flab put on during the days of easy money. Layoffs and cost restructuring are the only way out for them now. They are shifting from growth to profitability now

Zomato shares close on a flat note after falling sharply in early trade

In morning trade, the stock had slumped 9.62 per cent to Rs 50.25 on the BSE. Later, it recovered most of the lost ground and ended at Rs 55.40 apiece, lower by 0.36 per cent.

Zomato says 'not privy' to shareholders' plan as Uber sells 7.8% stake

After Uber sold its 7.8 per cent stake worth over $390 million in Zomato, the Deepinder Goyal-run company said on Wednesday it is not privy to what its shareholders are doing with their shares.

Zomato stock drops as 612 million shares go for sale on discount

The selling undisclosed shareholder in the block trade offered the stock at between Rs 48 and Rs 54 a piece