Zomato, RVNL, Zee, HDFC, HCL, Cochin Shipyard: Stocks to watch today
4 months ago

Zomato, RVNL, Zee, HDFC, HCL, Cochin Shipyard: Stocks to watch today

India Today  

Results for the assembly elections in Maharashtra, the financial capital of India, were announced on Saturday, and the win is expected to influence market sentiment positively when trading resumes on Monday. STOCKS TO WATCH TODAY As markets reopen, several stocks are likely to be in focus due to specific developments and announcements: Indian Bank The Financial Services Institutions Bureau has recommended Binod Kumar for the post of Managing Director of Indian Bank. HDFC Bank HDFC Bank is in advanced talks to assign a Rs 12,372 crore car loan portfolio, its second such transaction within two months, aimed at improving its credit-deposit ratio. Cochin Shipyard Cochin Shipyard has signed a memorandum of understanding with Seatrium Letourneau USA, Inc. for the design and critical equipment required for jack-up rigs aimed at the Indian market. Palka Arora Chopra, Director at Master Capital Services Ltd, said, "The stability in Maharashtra could trigger a rally in the stock market, boosting investor confidence due to the continuity of pro-business policies.

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History of this topic

Nifty 50 Rejig: Zomato, Jio Financial Services to replace BPCL, Britannia Industries in frontline index
3 days, 2 hours ago

Nifty 50 Rejig: Zomato, Jio Financial Services to replace BPCL, Britannia Industries in frontline index

Live Mint  

Zomato and Jio Financial Services are set to enter the benchmark Nifty 50 index on Thursday, March 27, replacing Britannia Industries and Bharat Petroleum Corporation, amid the semi-annual rebalancing of Nifty Indices. As per the stock exchange, food delivery giant Zomato and Reliance Industries’ arm Jio Financial Services Ltd will enter the broader Nifty 50 index in the upcoming semi-annual …

Zomato stock price zooms 6% today despite reports of insolvency plea
1 week, 4 days ago

Zomato stock price zooms 6% today despite reports of insolvency plea

India Today  

Shares of food delivery giant Zomato gained sharply during the trading session even as it may face an insolvency plea after one of its operational creditors moved the National Company Law Tribunal. It has come to light that Nona Lifestyle Private Limited has moved the law tribunal to restore an insolvency plea that it had filed earlier against Zomato under …

Zomato share falls for 5th straight session, crashes 11% amid weak market. Opportunity for bargain hunting?
2 weeks, 4 days ago

Zomato share falls for 5th straight session, crashes 11% amid weak market. Opportunity for bargain hunting?

Live Mint  

Food tech giant Zomato share price continued its downward trajectory for the fifth session straight on Tuesday amid weak market sentiments, losing over 11.23 per cent during this period. With shareholder approval, the resolution will result in amendments to the company’s core legal documents, including the MoA and AoA, to incorporate the new name, according to the stock exchange notification. …

Zomato, Jio Financial Services’ entry to make Nifty 50 more expensive. Here’s why
1 month ago

Zomato, Jio Financial Services’ entry to make Nifty 50 more expensive. Here’s why

Live Mint  

The entry of new-age tech stocks Zomato and Jio Financial Services into the benchmark Nifty 50 is expected to expand the index’s valuation by 2.5%. Zomato and Jio Financial Services will enter the Indian stock market benchmark index Nifty 50 from March 28, 2025, as announced by the National Stock Exchange, in the upcoming semi-annual indices reshuffle. The food delivery …

Jio Financial Services and Zomato to Enter Nifty 50 from March 28
1 month ago

Jio Financial Services and Zomato to Enter Nifty 50 from March 28

Deccan Chronicle  

Jio Financial Services and Zomato will be included in the Nifty 50 index from March 28, 2025, replacing Britannia Industries and Bharat Petroleum Corporation, according to a release by the National Stock Exchange.The decision was made by the Index Maintenance Sub-Committee of NSE Indices as part of its periodic review. The changes will take effect from the close of trading …

Zomato best-performing startup, Paytm worst
1 month, 1 week ago

Zomato best-performing startup, Paytm worst

Deccan Chronicle  

Chennai: While several startups are preparing for IPOs, Zomato has emerged as the best-performing startup, delivering a remarkable return of 187.93, while Paytm has plunged 65.69 per cent from the issue price. Zomato has emerged as the best-performing startup in the public markets, delivering a remarkable 187.93 per cent from its issue price of Rs 76. Other notable gainers include …

Nifty 50 Junior hits 9-month low, drops over 10% in January; Zomato leads losses
1 month, 4 weeks ago

Nifty 50 Junior hits 9-month low, drops over 10% in January; Zomato leads losses

Live Mint  

Indian Stock Market: The once high-flying Indian stocks, which seemingly rallied with no upside limit, are now sliding as investors reassess valuations amid market headwinds. Nifty Junior's worst month since 2020 Amid this backdrop, the Nifty 50 has corrected nearly 12% from its September peak, while the Nifty 50 Junior, representing the subsequent tier of liquid securities after the Nifty …

Swiggy, Zomato share prices decline up to 7% with the stock market crash: Do you own?
2 months ago

Swiggy, Zomato share prices decline up to 7% with the stock market crash: Do you own?

Live Mint  

Stock Market Today: Swiggy Ltd, Zomato Ltd share prices saw sharp decline of more than 6% as the stock market crashed. Share price movement Swiggy Ltd share price opened at ₹444.50 on the BSe on Monday, almost 1% lower than previous closing price of ₹448.50. Swiggy Ltd share price thereafter corrected to ₹415.30, marking a decline of more than 7%. …

Zomato share price falls 5%, plunges 18% in 3 days. Is there more pain ahead for this new-age tech stock?
2 months, 1 week ago

Zomato share price falls 5%, plunges 18% in 3 days. Is there more pain ahead for this new-age tech stock?

Live Mint  

Falling for the third consecutive session, Zomato share price cracked 5 per cent in morning trade on the BSE on Wednesday, January 22. On January 20, the company reported a 57.3 per cent decline in its net profit to ₹59 crore for Q3FY25, compared to ₹138 crore in the corresponding period last year. Zomato's revenue from operations rose 64.4 per …

Zomato shares down over 23% in a month. Should you buy or avoid?
2 months, 1 week ago

Zomato shares down over 23% in a month. Should you buy or avoid?

India Today  

Shares of Zomato fell for the third straight session, continuing its poor run on Dalal Street after reporting Q3FY25 results. The fall in Zomato’s share price comes after a period of strong gains as its profit in the third quarter dipped sharply to Rs 59 crore. Despite the fall in Zomato’s share price, brokerage firms remain optimistic about the company, …

Zomato Stocks Plunge Nearly 10 Per Cent, See Why The Food Delivery Firm's Share Price Is Falling
2 months, 1 week ago

Zomato Stocks Plunge Nearly 10 Per Cent, See Why The Food Delivery Firm's Share Price Is Falling

ABP News  

The shares of online food delivery and quick commerce major, Zomato, took a major beating in the stock market on Tuesday. The company’s shares declined close to 10 per cent in the morning market hours following disappointing results declared for the third quarter on Monday. At 10:30 AM, the firm’s shares traded at Rs 216.90 apiece on the BSE and …

Zomato Q3 Results: Net profit drops 57% to ₹59 crore, revenue up 64.4%; GOV for B2C biz rises 57% YoY
2 months, 1 week ago

Zomato Q3 Results: Net profit drops 57% to ₹59 crore, revenue up 64.4%; GOV for B2C biz rises 57% YoY

Live Mint  

Zomato Q3 Results: Zomato announced its October-December quarter results for fiscal 2024-25 on Monday, January 20, reporting a drop of 57.3 per cent in net profit to ₹59 crore, compared to ₹138 crore in the corresponding period last year. The leading food delivery app major's net profit plunged due to margins, which continues to face pressure from the high spending …

Zomato shares decline 7% as Q3 profit tumbles over 57%
2 months, 1 week ago

Zomato shares decline 7% as Q3 profit tumbles over 57%

India Today  

Shares of Zomato fell as much as 7% on Monday after the company reported a 57.24% decline in year-on-year consolidated net profit in the third quarter of FY25. However, on a quarter-on-quarter basis, the adjusted EBITDA fell 14% due to accelerated investments towards new store openings and customer acquisition in the quick commerce business. Zomato CEO Deepinder Goyal said, "The …

Sensex, Nifty rally as banking stocks power markets higher; Zomato falls 7%
2 months, 1 week ago

Sensex, Nifty rally as banking stocks power markets higher; Zomato falls 7%

India Today  

Benchmark stock market indices started the week on a positive note after they closed higher on Monday driven by a rise in banking sector stocks. Ajit Mishra – SVP, Research, Religare Broking Ltd, said, "The markets began the week on a positive note, gaining over half a percent amid mixed signals. Banking indices showed strong positive momentum, with Nifty Private …

Zomato stock down 21% from 52-week high amid market pessimism: Should you buy, sell, or hold to build sizable positions?
2 months, 1 week ago

Zomato stock down 21% from 52-week high amid market pessimism: Should you buy, sell, or hold to build sizable positions?

Live Mint  

Zomato stock check: The stock price of leading food delivery app Zomato is currently trading 21 per cent below its 52-week high mark of ₹304.50 amid the current pessimism in the Indian stock market over persistent foreign capital outflows and stretched valuations. Zomato's stock faces investor concerns about accelerated investments in Blinkit’s supply chain and rising competitive pressures in quick …

Nifty 50 Rejig: Jio Financial Services, Zomato likely to replace BPCL, Britannia in March rebalancing
2 months, 1 week ago

Nifty 50 Rejig: Jio Financial Services, Zomato likely to replace BPCL, Britannia in March rebalancing

Live Mint  

Jio Financial Services and Zomato shares are expected to enter the benchmark Nifty 50 index soon. According to estimates by JM Financial, Jio Financial Services and Zomato are likely to replace state-run Bharat Petroleum Corporation Ltd and FMCG major Britannia Industries in the upcoming Nifty 50 semi-annual rebalancing in March. Based on the average free float market cap that prevailed …

Nifty, Sensex rally at open driven by banking and financial services stocks
2 months, 1 week ago

Nifty, Sensex rally at open driven by banking and financial services stocks

Hindustan Times  

The stock market seems to be continuing its rally for the third consecutive day by opening in the green on Thursday, January 16, led by banking and financial services stocks. Among the Nifty sectoral indices, PSU Bank rose the most by 2.45%, reaching 6,301.85, followed by Nifty Midsmall Financial Services, which rose 2.12%, reaching 15,604.50, and Nifty Financial Services Ex-Bank, …

Sensex, Nifty open flat a day after diving, IT stocks in the green
2 months, 2 weeks ago

Sensex, Nifty open flat a day after diving, IT stocks in the green

Hindustan Times  

The stock market opened relatively flat on Friday, January 10, a day after the trading session ended well into the red. People walk past the Bombay Stock Exchange building in Mumbai, India, March 9, 2020 At 9:30 am IST, the benchmark BSE Sensex was up by 34.27 points or 0.04%, reaching 77,654.48. Among the 30 Sensex stocks, IndusInd Bank Ltd …

Zomato share price falls after Jefferies downgrades stock, cuts target price to Rs 275
2 months, 3 weeks ago

Zomato share price falls after Jefferies downgrades stock, cuts target price to Rs 275

India Today  

Foreign brokerage Jefferies has downgraded Zomato from a ‘Buy’ to a ‘Hold’ rating, slashing its target price to Rs 275 from Rs 335, citing increased competition in the quick commerce segment. It initiated coverage on both Zomato and Swiggy with ‘Buy’ ratings, setting 12-month target prices of Rs 385 and Rs 705, respectively. ZOMATO VS SWIGGY While Zomato leads in …

Zomato first startup in Sensex 30
3 months ago

Zomato first startup in Sensex 30

Deccan Chronicle  

Chennai: Food tech giant Zomato has made history as the first Indian startup to join the Bombay Stock Exchange Sensex 30, replacing JSW Steel in the benchmark index of India’s top 30 companies. Zomato’s total market capitalization of Rs 2.7 lakh crore surpassed JSW Steel's Rs 2.24 lakh crore. However, on Monday, following its inclusion in the Sensex 30, Zomato's …

Zomato shares unexpectedly in the red after Sensex entry
3 months ago

Zomato shares unexpectedly in the red after Sensex entry

Hindustan Times  

Zomato Ltd shares saw an unexpected drop after the food delivery giant got included in the Bombay Stock Exchange's Sensex index comprising of the top 30 stocks in the country. Zomato got included on the Sensex on Monday, December 23, 2024, replacing JSW Steel Ltd. Zomato's inclusion comes at a time when the food delivery giant's shares rallied nearly 43% …

Zomato debuts on Sensex, inflows worth over ₹4,300 crore expected
Top News
3 months ago

Zomato debuts on Sensex, inflows worth over ₹4,300 crore expected

Hindustan Times  

Food delivery giant Zomato Ltd is debuting on the Bombay Stock Exchange's benchmark Sensex index on Monday, December 23, 2024, making it the first startup or newer company to do so. The logo of Indian food delivery company Zomato is seen on its app on a mobile phone displayed in front of its company website in this illustration picture taken …

FirstUp: Zomato to debut on Sensex and other big headlines today
3 months ago

FirstUp: Zomato to debut on Sensex and other big headlines today

Firstpost  

Bihar Chief Minister Nitish Kumar will embark on ‘Pragati Yatra’ starting today. Zomato becomes a part of the benchmark BSE Sensex Zomato will become a part of the benchmark BSE Sensex, replacing JSW Steel on December 23. Nitish Kumar’s ‘Pragati Yatra’ from today Bihar Chief Minister Nitish Kumar will embark on ‘Pragati Yatra’ from December 23. BKU ’s dharna Bharti …

Zomato shares to be in focus today. Here's why
Trending News
3 months ago

Zomato shares to be in focus today. Here's why

India Today  

Zomato shares are set to be in the spotlight today as the food delivery giant achieves a huge milestone, becoming the first new-age tech company to join the BSE Sensex’s 30-share index. Brokerage firm Nuvama has estimated inflows of $513 million into Zomato due to its inclusion in the Sensex, while JSW Steel may see outflows of $252 million. Brokerage …

Zomato share price falls over 3% after inclusion in Sensex
Trending News
3 months, 1 week ago

Zomato share price falls over 3% after inclusion in Sensex

Live Mint  

Zomato share price fell over 3% on Monday after the food delivery giant was included in the benchmark BSE Sensex index. Zomato’s inclusion in the Sensex not only reflects the food delivery giant’s market leadership but also signifies the growing prominence of tech-driven companies in the Indian stock market landscape. Zomato Share Price Trend Zomato share price has delivered impressive …

Zomato shares climb over 6% to record high, end 18 of last 21 months in green with 500% gain
3 months, 3 weeks ago

Zomato shares climb over 6% to record high, end 18 of last 21 months in green with 500% gain

Live Mint  

Stock Market Today: Shares of Zomato, the food delivery aggregator, achieved a new milestone in Thursday's trade on December 5, crossing the ₹300 mark for the first time in intraday trade to touch a fresh record high of ₹304.65, gaining 6.4 per cent and surpassing its previous all-time high of ₹298.25, which was recorded in September. Global brokerage firm CLSA …

Zomato Share Price Today on 27-11-2024: Zomato share price are up by 2.45%, Nifty up by 0.02%
4 months ago

Zomato Share Price Today on 27-11-2024: Zomato share price are up by 2.45%, Nifty up by 0.02%

Live Mint  

Zomato Share Price Today on 27-11-2024: At 27 Nov 11:29 today, Zomato shares are trading at price ₹287, 2.45% up from the previous closing price. On the technical front, the stock is trading above the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & 300 days. The SMA …

Zomato shares up 131% this year: Should you buy multibagger stock?
4 months ago

Zomato shares up 131% this year: Should you buy multibagger stock?

India Today  

Food delivery giant Zomato’s shares surged over 131% on a year-to-date basis, delivering multibagger returns to investors. Zomato plans to invest Rs 2,100 crore in Blinkit’s capex over FY2026-28, including the development of dark stores and warehousing capabilities. The brokerage noted that Zomato’s food delivery business continues to grow, with a 24% year-on-year increase in power customers to 34 lakh …

Zomato Share Price Today on 26-11-2024: Zomato share price are up by 0.8%, Nifty up by 0%
4 months ago

Zomato Share Price Today on 26-11-2024: Zomato share price are up by 0.8%, Nifty up by 0%

Live Mint  

Zomato Share Price Today on 26-11-2024: At 26 Nov 11:13 today, Zomato shares are trading at price ₹275.8, 0.8% up from the previous closing price. On the technical front, the stock is trading above the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & 300 days. The SMA …

Zomato CEO Deepinder Goyal forgoes Rs 3.5 crore salary till FY26
4 months ago

Zomato CEO Deepinder Goyal forgoes Rs 3.5 crore salary till FY26

India Today  

Deepinder Goyal, the CEO of food delivery platform Zomato, has decided to forgo his annual salary of Rs 3.5 crore until the end of the financial year 2026. He owns a 4.18% stake in Zomato, which is currently valued at over Rs 10,000 crore, based on the company’s closing share price on November 25. ZOMATO’S MARKET PERFORMANCE Zomato has achieved …

Zomato Share Price Today on 25-11-2024: Zomato share price are up by 6.7%, Nifty up by 1.81%
4 months ago

Zomato Share Price Today on 25-11-2024: Zomato share price are up by 6.7%, Nifty up by 1.81%

Live Mint  

Zomato Share Price Today on 25-11-2024: At 25 Nov 11:17 today, Zomato shares are trading at price ₹281.85, 6.7% up from the previous closing price. On the technical front, the stock is trading above the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & 300 days. The SMA …

Zomato Shares Surge 6 Per Cent. Here's Why
Trending News
4 months ago

Zomato Shares Surge 6 Per Cent. Here's Why

ABP News  

Shares of Zomato soared as much as 6 per cent in early trade on Monday, fueled by two major developments, its inclusion in the benchmark BSE Sensex and shareholder approval for a Rs 8,500 crore Qualified Institutional Placement. The inclusion highlights Zomato's impressive market performance, with the stock rallying over 113 per cent this year. The company's cash reserves saw …

Zomato shares jump 7%, inclusion on BSE replacing JSW Steel soon
4 months ago

Zomato shares jump 7%, inclusion on BSE replacing JSW Steel soon

India Today  

Zomato's shares surged 7% in early trade today, reaching a high of Rs 282.85 on the BSE. This rally follows the announcement of its inclusion in the BSE Sensex, replacing JSW Steel. On Friday, BSE's subsidiary Asia Index Private Ltd announced changes in multiple indices, including the BSE Sensex, BSE 100, BSE Sensex 50, and BSE Sensex Next 50. Zomato’s …

BSE Sensex Rejig: New-age tech giant Zomato to replace JSW Steel on BSE Sensex index from December 23
4 months ago

BSE Sensex Rejig: New-age tech giant Zomato to replace JSW Steel on BSE Sensex index from December 23

Live Mint  

BSE Sensex Rejig: Food delivery giant Zomato will replace JSW Steel in the BSE Sensex index from December 23, 2024, as part of a periodic rebalancing of constituents. Reconstitution of BSE indices On Friday, BSE's wholly-owned subsidiary Asia Index Private also announced the reconstitution of several indices, including BSE 100, BSE Sensex 50, and BSE Sensex Next 50. BSE Sensex …

Zomato Share Price Today on 22-11-2024: Zomato share price are down by -0.99%, Nifty up by 1.21%
4 months ago

Zomato Share Price Today on 22-11-2024: Zomato share price are down by -0.99%, Nifty up by 1.21%

Live Mint  

Zomato Share Price Today on 22-11-2024: At 22 Nov 12:43 today, Zomato shares are trading at price ₹264.1, -0.99% down from the previous closing price. On the technical front, the stock is trading above the 10,20,100,300 days SMA & lower than the 5,50 day SMA. The stock will have support at 10,20,100,300 days SMA & face resistance at 5,50 days …

Nifty 50 Rejig: Jio Financial Services, Zomato shares among top contenders for inclusion in March 2025 — JM Financial
4 months, 2 weeks ago

Nifty 50 Rejig: Jio Financial Services, Zomato shares among top contenders for inclusion in March 2025 — JM Financial

Live Mint  

Jio Financial Services and Zomato have emerged as strong contenders for inclusion in the Nifty 50 index during its upcoming rebalancing in March 2024, according to estimates by JM Financial. Jio Financial Services shares jumped as much as 6.81% to ₹319.80 apiece, while Zomato shares spiked as much as 4.64% to ₹270.55 apiece on the BSE. Based on the prevailing …

Zomato Share Price Today on 13-11-2024: Zomato share price are down by -0.94%, Nifty down by -1.36%
4 months, 2 weeks ago

Zomato Share Price Today on 13-11-2024: Zomato share price are down by -0.94%, Nifty down by -1.36%

Live Mint  

Zomato Share Price Today on 13-11-2024: At 13 Nov 16:01 today, Zomato shares are trading at price ₹258.55, -0.94% down from the previous closing price. On the technical front, the stock is trading above the 5,10,20,100,300 days SMA & lower than the 50 day SMA. The stock will have support at 5,10,20,100,300 days SMA & face resistance at 50 days …

Zomato Share Price Today on 12-11-2024: Zomato share price are up by 0.97%, Nifty down by -1.07%
4 months, 2 weeks ago

Zomato Share Price Today on 12-11-2024: Zomato share price are up by 0.97%, Nifty down by -1.07%

Live Mint  

Zomato Share Price Today on 12-11-2024: At 12 Nov 16:01 today, Zomato shares are trading at price ₹261, 0.97% up from the previous closing price. On the technical front, the stock is trading above the 5,10,20,100,300 days SMA & lower than the 50 day SMA. The stock will have support at 5,10,20,100,300 days SMA & face resistance at 50 days …

Zomato Share Price Today on 11-11-2024: Zomato share price are up by 3.77%, Nifty down by -0.03%
4 months, 2 weeks ago

Zomato Share Price Today on 11-11-2024: Zomato share price are up by 3.77%, Nifty down by -0.03%

Live Mint  

Zomato Share Price Today on 11-11-2024: At 11 Nov 16:01 today, Zomato shares are trading at price ₹258.5, 3.77% up from the previous closing price. On the technical front, the stock is trading above the 5,10,20,100,300 days SMA & lower than the 50 day SMA. The stock will have support at 5,10,20,100,300 days SMA & face resistance at 50 days …

Zomato Share Price Today on 08-11-2024: Zomato share price are down by -2.37%, Nifty down by -0.21%
4 months, 3 weeks ago

Zomato Share Price Today on 08-11-2024: Zomato share price are down by -2.37%, Nifty down by -0.21%

Live Mint  

Zomato Share Price Today on 08-11-2024: At 08 Nov 16:01 today, Zomato shares are trading at price ₹249.1, -2.37% down from the previous closing price. On the technical front, the stock is trading above the 5,100,300 days SMA & lower than the 10,20,50 day SMA. The stock will have support at 5,100,300 days SMA & face resistance at 10,20,50 days …

Zomato Share Price Today on 07-11-2024: Zomato share price are up by 0.08%, Nifty down by -1.16%
4 months, 3 weeks ago

Zomato Share Price Today on 07-11-2024: Zomato share price are up by 0.08%, Nifty down by -1.16%

Live Mint  

Zomato Share Price Today on 07-11-2024: At 07 Nov 16:01 today, Zomato shares are trading at price ₹255.15, 0.08% up from the previous closing price. On the technical front, the stock is trading above the 5,10,100,300 days SMA & lower than the 20,50 day SMA. The stock will have support at 5,10,100,300 days SMA & face resistance at 20,50 days …

Zomato Share Price Today on 06-11-2024: Zomato share price are up by 5.29%, Nifty up by 1.12%
4 months, 3 weeks ago

Zomato Share Price Today on 06-11-2024: Zomato share price are up by 5.29%, Nifty up by 1.12%

Live Mint  

Zomato Share Price Today on 06-11-2024: At 06 Nov 16:02 today, Zomato shares are trading at price ₹254.95, 5.29% up from the previous closing price. On the technical front, the stock is trading above the 5,10,100,300 days SMA & lower than the 20,50 day SMA. The stock will have support at 5,10,100,300 days SMA & face resistance at 20,50 days …

Zomato share are up by 2.1%, Nifty down by -0.96%
6 months, 3 weeks ago

Zomato share are up by 2.1%, Nifty down by -0.96%

Live Mint  

At 06 Sep 11:02 today, Zomato shares are trading at price ₹260.25, 2.1% up from the previous closing price. On the technical front, the stock is trading above the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & 300 days. The SMA values for the stock are given …

Zomato Surges 8% After JPMorgan Hikes Target Price; Check Details
6 months, 3 weeks ago

Zomato Surges 8% After JPMorgan Hikes Target Price; Check Details

News 18  

Shares of food delivery platform Zomato surged 8 per cent to Rs 261.50 on the BSE in Thursday’s intra-day trade amid heavy volumes in an otherwise lacklustre market. For Blinkit, the company’s quick commerce arm, revenues surged 145 per cent year-on-year to Rs 942 crore, though adjusted EBITDA for the same period stood at Rs -3 crore. The gross order …

Zomato Shares Surge 8 Per Cent After JP Morgan's Target Price Hike To Rs 340
6 months, 3 weeks ago

Zomato Shares Surge 8 Per Cent After JP Morgan's Target Price Hike To Rs 340

ABP News  

Zomato share price: Zomato's stock surged by 7.7 per cent in early trading on Thursday, reaching Rs 261.60 per share, following a significant target price upgrade by global brokerage JP Morgan. The firm raised its target for Zomato from Rs 208 to Rs 340 per share, reflecting growing confidence in the company's prospects. This is the second-highest target price for …

Zomato Shares Zooms Over 12%, Hit 52-Week High After Reporting Significant Profit Jump
7 months, 3 weeks ago

Zomato Shares Zooms Over 12%, Hit 52-Week High After Reporting Significant Profit Jump

ABP News  

Shares of Zomato soared more than 12 per cent on Friday following the food delivery aggregator's announcement of a substantial increase in consolidated net profit, reaching Rs 253 crore for the June quarter. On the NSE, Zomato's stock surged 12.14 per cent to trade at Rs 262.50 per share. Zomato's impressive performance for the April-June period of FY25 was highlighted …

Zomato Q1 results: Zomato net profit up 126 times to ₹253 crore in April-June quarter; revenue rises 74%
7 months, 3 weeks ago

Zomato Q1 results: Zomato net profit up 126 times to ₹253 crore in April-June quarter; revenue rises 74%

The Hindu  

Food delivery aggregator Zomato on Thursday reported a multifold jump in consolidated net profit to ₹253 crore for the April-June quarter of 2024-25 compared to ₹2 crore in the year-ago period. In a letter to shareholders, Zomato Chief Financial Officer Akshant Goyal shared that the gross order value growth across its B2C businesses accelerated to 53% YoY to ₹15,455 crore. …

JM Financial anticipates Trent, BEL to join Nifty50 in August indices rebalancing
9 months, 2 weeks ago

JM Financial anticipates Trent, BEL to join Nifty50 in August indices rebalancing

Live Mint  

Domestic brokerage firm JM Financial said in a new report that it is anticipating that two stocks will be added to the Nifty50 index while two others will be removed in the coming weeks. JM Financial expects Trent Ltd and Bharat Electronics Ltd to join the Nifty50 index in this rebalancing exercise. The brokerage firm said in its report, "For …

Zomato gets tax demand order of Rs 23.26 crore, online food delivery platform to appeal against it
11 months, 4 weeks ago

Zomato gets tax demand order of Rs 23.26 crore, online food delivery platform to appeal against it

India TV News  

Zomato on Sunday stated that it has been issued a tax demand, along with interest and penalty, amounting to Rs 23.26 crore by the Assistant Commissioner of Commercial Taxes in Karnataka. Zomato's regulatory filing In a regulatory filing to the BSE, the company said it has "received an order for FY 2018-19 pursuant to the audit of GST returns and …

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