Fri, Mar 01, 2024
Zomato's stock surged 4.8% on March 1, reaching an all-time high of Rs 173.45 on the Bombay Stock Exchange (BSE). Over the past year, Zomato shares have soared by over 200%, outperforming the Nifty 50 index. In the third quarter of the fiscal year, Zomato reported a consolidated net profit of Rs 138 crore, with consolidated revenue reaching Rs 3,288 crore.
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Tue, Oct 10, 2023
Zomato shares rose as much as 4% on Tuesday after Swiggy delivery workers went on strike in Mumbai. The strike caused disruption in food delivery services in the city, and analysts believe that this could benefit Zomato. The company's revenue and profit increased in Q1FY24, and FIIs have been paring their stake in the company, while mutual funds have increased their holdings.
Wed, Aug 30, 2023
Zomato share price: As per reports, SVF Growth Fund (Softbank) was slated to sell 10 crore shares in the company today.
Mon, Aug 28, 2023
Morgan Stanley report on Zomato: What is special about Morgan Stanley's report? What is the view of brokerages on Zomato? Know how will be the growth of business in future?
Mon, Feb 27, 2023
The food aggregator and delivery company Zomato has reportedly approached partner restaurants to increase commission charges and bring it on parity with its rivals
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