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.
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, Paytm shares recover after recent selloff; here are stock price targets
In the case of Zomato, HSBC noted that aggressive store additions is leading to heightened losses and, hence, the recent stock correction.
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 crashed 15% after Q3 results: why analysts are divided
India’s food delivery giant, Zomato’s share price crashed after the company posted its earnings report for the quarter ended December earlier this week. Zomato’s stock has slumped over 15% this week.
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.
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What Deepinder Goyal’s Letter Tells Us About Zomato’s Plans With Its 10-Minute Food Delivery App Bistro
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Zomato triggers another war: Big brokerages take big opposing views
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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 ...
Zomato swiggy private labelling news NRAI to approach CCI as top restaurateurs raised concerns
Addressing an NRAI townhall with restaurant industry stakeholders on Wednesday, NRAI President Sagar Daryani suggested that ...
India’s restaurants versus Swiggy and Zomato
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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 ...
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 ...
Blinkit tamatar taiyaar rakh: Zomato reacts as Farhan Akhtar’s cryptic post sparks ZNMD 2 speculation
Farhan Akhtar's social media video featuring Hrithik Roshan and Abhay Deol hinted at a sequel to Zindagi Na Milegi Dobara, ...