Updated Aug 24, 2024 17:05 IST Zomato shares turn multibagger in 2024 (Pic: Shutterstock/ET NOW) Zomato Share Price Target 2025: Zomato shares are on roll for the last two years. From the all-time lows of Rs 40.60 touched n July 27, 2022, the stock has skyrocketed 700 per cent as the counter made an all-time …
Zomato announced on Thursday, August 22, that it has immediately shut down its intercity ‘Legends’ services. Deepinder Goyal, chief executive officer (CEO) of the online food delivery giant, said on microblogging platform ‘X’ ‘’Update on Zomato Legends – after two years of trying, not finding product market fit, we have decided to shut down the …
Zomato’s board of directors on Wednesday approved a share purchase and subscription agreement with Paytm operator One 97 Communications, Wasteland Entertainment Private Limited (WEPL) and Orbgen Technologies Private Limited (OTPL) to acquire their entertainment ticketing business. Under the agreement, One 97 Communications will transfer its movie ticketing business, and sports and events ticketing business to …
Zomato share price: Given a strong growth in quick commerce in last 12-18 months, several platforms such as Flipkart, Amazon, Reliance and Ola are said to be launching quick commerce offerings of their own, with Flipkart coming up with ‘Flipkart Minutes’ in Bangalore. When foreign brokerage UBS tried the Flipkart platform, it found that assortment …
Antfin Singapore Holdings is looking to sell a 1.54% stake in Zomato in a block deal valued at $408 million, deal terms reviewed by Mint show. The shares will be sold at a floor price of ₹251.68 per share, the terms showed. Antfin has been paring its stake in the food-delivery platform and currently holds …
Zomato share price surged 19 per cent in morning trade on Friday, August 2, to hit a fresh all-time high of ₹278.45, a day after the company reported its April-June quarter (Q1FY25) results. The stock opened 5 per cent higher at ₹244 apiece on the BSE. The stock closed 12.11 per cent higher at ₹262.45 …
Deepinder Goyal (Source/X) 4 min read Last Updated : Aug 02 2024 | 3:51 PM IST Zomato share target price: Zomato’s consistent “overdelivery” on earnings growth front, highlighted yet again in the June quarter (Q1) results, has prompted analysts to raise their target prices on the stock. They, now, see up to 49.5 per …
Shares of Zomato are trading with losses of over 3% on Friday after brokerage firm Macquarie projected tghat the stock will nearly halve in the next 12 months due to rising competition in the quick commerce space. The brokerage maintained its “Underperform” rating on Zomato with a price target of ₹96, which impies a potential …
Stock market today: Despite strong global market sentiments, the Indian stock market ended lower on Friday. The Nifty 50 index ended 172 points lower after reaching a new peak of 22,794, and the BSE Sensex dropped 732 points from its lifetime high of 75,124. The Bank Nifty index also saw a significant decline of 307 …
https://www.cnbctv18.com/photos/market/stocks-in-focus-zomato-hdfc-life-aurobindo-pharma-and-more-on-march-18-19295461.htm Copied Zomato: The food delivery app firm has received an order for FY2018-19 pursuant to the audit of GST returns and accounts by the Deputy Commissioner of State Tax, Gujarat raising the GST demand of ₹4,11,68,604, along with applicable interest and penalty totalling ₹8,57,77,696. https://www.cnbctv18.com/photos/market/stocks-in-focus-zomato-hdfc-life-aurobindo-pharma-and-more-on-march-18-19295461.htm Copied HDFC Life Insurance: The HDFC Group firm has …