Page 40 - Zomato

Stocks to Watch: ONGC, Reliance, Zomato, Adani Wilmar, IndiGo,Vodafone Idea

Stocks to Watch today: Uber has decided to put its entire 7.8 per cent stake in Zomato on the block, according to sources.

Brokerages expect better appetite for Zomato stock after strong Q1

It jumps 20% after a strong Q1 showing; analysts turn bullish indicating an upside of 60%

Uber likely to exit Zomato on Wednesday; puts entire 7.8% stake on block

Share sale could fetch as much as Rs 3,300 cr

Uber likely to sell stake in Zomato in mega block deal tomorrow: Report

The offer size of $373 million was based on the lower end of a Rs 48-Rs 54 price range set for the block deal, shows a document

Zomato, Blinkit to cross-leverage customer bases soon: Deepinder Goyal

Tech integrations between the two companies will accelerate the pace of progress at both ends, he added.

Sensex ends volatile day 21 pts higher; PSB index surges 3%, Zomato 20%

CLOSING BELL: losses in HDFC twins, ICICI Bank, Infosys, L&T, and Bharti Airtel nearly balanced gains in Kotak Bank, State Bank of India, Hindustan Unilever (HUL), Asian Paints, and Bajaj Finance

Zomato soars 9% as net loss narrows to Rs 186 cr in June quarter

The contribution as a percentage of gross order value (GOV) increased to 2.8 per cent in Q1FY23, against 1.7 per cent in Q4FY22, driven by improvements on both cost and revenue sides.

Stocks to Watch: ITC, Zomato, Eicher Motors, Hero Moto, Voltas, Telcos

Stocks to Watch today: Cigarettes-to-hotels major ITC on Monday reported a 33.98 per cent year-on-year (YoY) jump in its consolidated net profit, which came in at Rs 4,389.76 crore

Top Headlines: Debate on RBI rate hike, Zomato biz structure change & more

Zomato is on an internal rebranding exercise by moving to a multiple chief executive structure for its businesses that will be housed under a larger organisation called Eternal

Zomato's loss eases to Rs 186 cr in Q1; revenue up 67% to Rs 1,413 cr

Revenue for the June 2022 quarter came in at Rs 1,413.9 crore, up 67.45 per cent YoY and 16.7 per cent quarter-on-quarter (QoQ)

Zomato's growing appetite: Moves to multiple-CEO structure for biz

The restructuring is happening after the shareholder approved the Blinkit acquisition

Zomato plans new management structure, with multiple CEOs: Internal memo

CEO Deepinder Goyal also said in the memo that 'Eternal', the proposed name for the parent organisation, would remain an 'internal name for now'

Zomato Q1 results: Net loss narrows to Rs 186 cr; revenue rises 68%

The company saw an increase in orders for restaurant meals on its platform in the June quarter

Sensex sprints 545 pts, reclaims 58K; Nifty tops 17,300; TaMo up 7%, M&M 6%

CLOSING BELL: M&M (up 6 per cent) was the top Sensex gainer, followed by RIL, Maruti Suzuki, Bharti Airtel, Power Grid, Kotak Bank, Ultratech Cement, ITC, NTPC, SBI, Axis Bank, and Titan

Stocks to Watch: YES Bank, Cipla, Bank of Baroda, Zomato, HDFC, ITC, NTPC

Stocks to Watch today: ITC, UPL, Zomato, Arvind, Bajaj Consumer Care, among others will release their Q1 earnings today.

Zomato preview: Experts expect Q1 loss to narrow; revenue may rise 59% YoY

Analysts expect the Gurgaon-based firm's net loss to contract to Rs 315 crore in Q1FY23 from Rs 360.7 crore in the year-ago period.

Top headlines: SpiceJet to cut ops for 8 weeks; Rs 1.6 trn for BSNL revival

Business Standard brings you the top headlines this hour

Zomato shares up nearly 7% as analysts project bigger order volumes

Analysts at Jefferies said the stock makes a great case for long term investors to buy, while JPMorgan said the company could also see a decrease in cash burn rates

Zomato allots shares worth Rs 200 crore to staff at Re 1 face value

Zomato, which is going through its worst phase at Dalal Street, has allotted nearly 4.66 crore shares to its employees from its employee stock option plan (ESOP) pool at the face value of Rs 1

Despite headwinds, Jefferies recommends buying Zomato stock. Here's why

With the sharp fall in its share price since listing, analysts at Jefferies suggest long-term investors 'buy' the stock