Page 16 of Zomato

Zomato Rating: Hold | Profitability at the cost of growth

Ebitda breakeven for ex-Blinkit biz of Zomato by Q2FY24

November 14, 2022 04:35 IST

stocks to watch, stocks in focus, lic, zomato

LIC, Eicher Motors, Zomato, Hindalco, Future Retail, Bharat Dynamics, HAL, Delhivery stocks in focus

Indian benchmark indices BSE Sensex and NSE Nifty 50 are likely to see a positive start on Friday, hinted SGX…

November 11, 2022 07:24 IST

Former RBI deputy governor, Zomato chairman join BharatPe board

The Gurugram-based company’s board of directors will now consist of two executive directors Shashvat Nakrani and Suhail Sameer (CEO), five…

September 14, 2022 07:10 IST

zomato, intercity legends, food delivery, tastes2plate, justmyroots, deepinder goyal, zomato ceo

Intercity Legends: Zomato launches new service to order food from other cities; Here’s how it will work

To begin with, the company has launched this service for select customers in Gurgaon and South Delhi.

Updated: August 31, 2022 14:44 IST

Excluding Blinkit-related costs, Zomato may break even in 6-12 months: CFO

Having a quick-commerce company under its fold will also help increase Zomato’s total addressable market “manifold”, the firm’s director, Kaushik…

August 31, 2022 00:35 IST

Sequoia Capital India sold 67 million shares between September 6, 2021 and October 14, 2021 and 105 million shares between June 27, 2022 and August 25, 2022 through its two investment vehicles -- Sequoia Capital India Growth Investment Holdings I and SCI Growth Investments II.

Sequoia sells part of pre-IPO Zomato holding

With the fresh sale, Sequoia Capital India has sold 172 million shares of Zomato in the open market so far,…

August 27, 2022 02:00 IST

Zomato, Q3 FY Results Update, Zomato Net Profit, Zomato Loss

Zomato share price up 30% in one month, may rally much more; check target price, rating – buy, sell, hold?

Zomato share price fell more than half a per cent down to Rs 61.90 apiece on BSE on Thursday

Updated: August 25, 2022 13:02 IST

Row over Zomato’s ‘Mahakal temple’ ad featuring Hrithik Roshan, ‘boycott Zomato’ trends

This ad apparently did not go down well with several Twitter users who started calling for ‘Boycott Zomato’, saying the advertisement…

Updated: August 21, 2022 14:34 IST

According to the filings, Shiprocket has issued 59,793 compulsory convertible preference shares (CCPS) at a premium, in an extended Series E round. Existing investors like Temasek, Bertelsmann Nederland, Moore, Huddle Collective, PayPal and Lightrock were issued fresh shares.

Zomato-backed Shiprocket becomes a unicorn post Rs 259 cr infusion

The company also had over 30 warehouses as of July and plans to more than double that to 70 by…

August 18, 2022 05:50 IST

Maruti Suzuki, Zomato among most bought stocks by fund managers in July, HDFC, ITC most sold

Auto major Maruti Suzuki India and food-delivery giant Zomato were among the most purchased stocks by mutual fund managers in…

Updated: August 16, 2022 12:03 IST

The company had on July 26 announced preferential issue of 62.85 crore shares, being the discharge of total purchase consideration of Rs 4,447 crore for the acquisition of up to 33,018 shares of Blink Commerce Private.

Zomato rejects EY’s new valuation that lowers its share price for Blinkit deal

The company did not disclose the share price suggested by EY in the new report.

August 6, 2022 05:30 IST

After Uber & Moore, hedge fund Tiger Global offloads 2.34% stake in Zomato

Tiger Global held a 5.11% shareholding in Zomato, which is now reduced to around 2.77%, according to a notification by…

August 5, 2022 03:00 IST

Food on the cloud! How technology is shaping the future of food delivery

By the time the pandemic struck in 2020, food delivery apps had already begun to hit their stride.

August 4, 2022 15:32 IST

Zomato share price up 4% after Uber sells, institutional investors buy stake in bulk deals; still down 60% YTD

Zomato share price settled 4.24 per cent up at Rs 57.75 apiece on BSE on Thursday

Updated: August 4, 2022 15:59 IST

Analyst Corner: Zomato expects to turn Blinkit adjusted-EBITDA positive in two years

Management is targeting Ebitda break-even (ex-Blinkit) by March 2023 or the latest by September 2023, this would be led by…

Updated: August 4, 2022 09:10 IST

stocks to watch, stocks in focus, reliance, zomato, lic

Zomato, Bharti Airtel, LIC, Reliance, Vodafone Idea, IndiGo, Adani Wilmar stocks in focus on weekly F&O expiry

Indian share market is likely to open higher on Thursday, weekly F&O expiry. Ahead of the session, SGX Nifty was…

Updated: August 4, 2022 11:55 IST

The deal was executed at Rs 50.44 a share.

Uber exits Zomato via Rs 3,087-crore block deal

While the name of the seller wasn’t disclosed in the term sheet, sources had said Uber would be offloading its…

August 4, 2022 05:50 IST

New investors to enter share market if Nifty tops 18000; FYERS CEO sees no threat from traditional brokerages

New-age discount brokerage firms are not likely to face any disruption even as traditional firms adapt their business model and…

Updated: August 3, 2022 19:44 IST

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Motilal Oswal recommends Buy on DMart despite 9% slide in 1 month – Here’s why

Market-751 min ago

Motilal Oswal maintains a ‘Buy’ rating on Avenue Supermarts despite weak Q2 FY26 growth and margins. DMart’s revenue grew 15.4% YoY in Q2 FY26, driven by store additions and mid-single digit SSSG. However, margin pressures are expected to continue due to muted SSSG. The company added 8 stores in Q2 FY26 and is expected to add 60 net stores in FY26.

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