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Could Zomato share price fall 44%? Macquarie say Yes. Here’s Why…
Zomato’s share price has fallen more than 17% in the past five trading sessions. It has fallen almost 24% in the last one month and 5.6% in the previous six months. However, the stock has given a return of 61% in the last one year.
Zomato share price falls 5%, plunges 18% in 3 days. Is there more pain ahead for this new-age tech stock?
Falling for the third consecutive session, Zomato share price cracked 5 per cent in morning trade on the BSE on Wednesday, January 22.
Zomato Shares Plunge 13% After Earnings Miss Analyst Estimates
Shares of Zomato Ltd. slumped more than 13% on Tuesday after losses in the quick commerce segment caused the company’s earnings to fall short of analyst estimates.
Zomato shares continue to slump for 2nd day; plunge 12 pc
Shares of food tech unicorn Zomato plummeted 12 per cent in the morning trade on Tuesday after the food delivery aggregator reported a 57
Zomato share price plunges over 9% after Q3 PAT slumps 57% YoY
Zomato share price dropped over 9% following a 57.2% decline in Q3 net profit to ₹59 crore. The company reported a revenue of ₹5,405 crore, while total expenses surged to ₹5,533 crore, reflecting challenges amid rapid expansion and demand slowdown.
Zomato Stocks Plunge Nearly 10 Per Cent, See Why The Food Delivery Firm's Share Price Is Falling
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.
Zomato Q3 results: Share price tanks another 8%; BofA still sees up to 70% UPSIDE, Macquarie's target Rs 130
Zomato shares fell another 8%, continuing the fall after the company reported its Q3 FY25 results. Brokerages are divided, with Bank of America predicting a 70% upside, while Macquarie forecasts a 40% downside.
Zomato Q3 Results: Cons PAT falls 57% YoY to Rs 59 crore, revenue surges 64%
Results: Food delivery company Zomato on Monday reported a 57% fall in its December quarter consolidated net profit at Rs 59 crore versus Rs 138 crore reported in the year ago period. The revenue from operations in Q3FY25 stood at Rs 5,
inc42
4h
Zomato Will Never Compete With Restaurants: Deepinder Goyal
In a letter, Goyal said that Zomato will never compete with its own restaurant partners, adding that Bistro is not a "private ...
17h
Zomato, Swiggy extend downslide, slip 3% as quick commerce rivalry heats up
Zomato's disappointing Q3 earnings, driven by its aggressive expansion in the quick commerce segment, intensified concerns ...
2d
on MSN
India's Zomato posts Q3 profit slump on stiff competition, store ramp-ups
By Ananta Agarwal and Ashna Teresa Britto (Reuters) -Indian food delivery major Zomato's third-quarter profit more than ...
inc42
7h
Inside The NRAI’s Battle Against Zomato, Swiggy’s 10-Minute Food Delivery
The restaurant body is also mulling legal action against both foodtech majors over the launch of 10-minute food delivery ...
Fortune India
14h
It’s not just Zomato anymore; Swiggy, Nykaa, FirstCry, Trent feel the heat of competition
Mart, and Trent shares are down up to 35% from their 52-week high levels, while FirstCry has seen a correction of 69%.
2d
India's Zomato misses Q3 profit estimate as store ramp-ups bite
India's Zomato reported a smaller-than-expected third-quarter profit on Monday as its margins continue to face pressure from ...
13h
Zomato delivery agents earned 'fairly attractive' income of Rs 28,000 in 2024: Deepinder Goyal
Zomato CEO Deepinder Goyal said, 'Most of them prefer to work with us part-time to generate a secondary source of income for ...
cnbctv18
7h
Deepinder Goyal defends Bistro in a letter, says Zomato is not competing with restaurants
TV18, Goyal also wrote that reducing delivery times will significantly expand the market, and that it is looking at reducing ...
2d
on MSN
India's Zomato's Q3 profit tumbles as store ramp-ups take a toll
India's Zomato reported a 57% fall in third-quarter profit on Monday as its margins continued to face pressure from increased ...
21h
Zomato tanks over 10% on weaker numbers, drags Swiggy along, too
Zomato has attributed the weaker numbers to the increased investments in accelerated new dark-store openings and customer ...
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