Fri, Apr 26, 2024
Blinkit's valuation is higher than Zomato - Why does Goldman Sachs like Blinkit? What is Goldman Sachs' target on Zomato? Big growth expected in Blinkit? Is re-rating of Zomato possible - know complete details in this video..
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Mon, Apr 22, 2024
How much did Zomato increase the platform fees? When did Zomato increase the platform fees? Zomato increased the fees, how much benefit?
Zomato has increased its platform fee by 25% to Rs 5 per order. This is the fourth fee increase since the company introduced it in August 2023. Analysts believe the hike will help offset the impact of GST on delivery charges. Zomato's stock price has been rising on the back of rising profitability and growth in its Blinkit business.
Wed, Feb 16, 2022
You can love it or hate it but cannot ignore it. Food delivery app Zomato shares have never been out of attention. There is a divergent view on the new age companies with many in favour of this class of stocks for its novelty and growth potential while others are sceptical because of the business model and valuations.
Shares of food aggregator Zomato were trading with over 2 per cent gain to Rs 84.95 per share in Wednesday's intraday trade on the BSE.
Tue, Feb 15, 2022
Kotak Securities has shared the latest brokerage report for JSW Energy & Zomato recently. Here's all you need to know about it if you planning to invest in these stocks.
Fri, Feb 11, 2022
Zee Business Anil Singhvi spoke to the Market analysts, and asked them which stock would they gift to their favorite analyst or friend on the occasion of Valentine's Day and why?
Zomato reported narrowing of a consolidated net loss to Rs 67.2 crore for the third quarter ended December 31, 2021, on the back of better revenue growth.
Indian market is likely to retest crucial support levels on Friday, tracking muted global cues, but there will be stock-specific action in which global brokerage came out with their reports on business development, or earnings outlook.
Mon, Jan 31, 2022
In an interview with Zeebiz's Kshitij Anand, Bhargava said that clean energy companies like Adani Green, Inox Wind, and Orient Green power are trading at steep valuations and will be susceptible to steep corrections.
Tue, Jan 25, 2022
The day when Zomato shares hit a lower circuit of 20 per cent for the first time, the rival Swiggy did fundraising of $700 million and the valuation now stands at $10.7 billion.
Indian markets are likely to witness some volatility on Tuesday and could retest crucial support levels, tracking weak global cues, but there will be stock-specific action in which global brokerage came out with their reports on business development, or earnings outlook.
Mon, Jan 24, 2022
The decline in IT shares have triggered massive fall in share price of new-edge companies.
Shares of Zomato continued their downwards slide as the shares of the food aggregator decline nearly 20 per cent to hit fresh 52-week low of Rs 91.70 per share in Monday's intraday trade on the BSE.
Fri, Jan 21, 2022
Shares of Zomato traded on a new 52-week low value as the stocks of food aggregator dropped more than 9 per cent in the late afternoon trade on the BSE on Friday.
Sat, Jan 01, 2022
Currently, restaurants registered under GST are collecting and depositing the tax. Also, cab aggregators like Uber and Ola will have to collect 5 per cent Goods and Services Tax (GST) for booking 2 and 3 wheeler vehicles effective January 1. Also, footwear irrespective of prices will attract 12 per cent tax from Saturday
Fri, Dec 24, 2021
The calendar year 2021 witnessed maximum buzz in the primary market as 63 Indian corporates raised an all-time high of Rs 1,18,704 crore through main board initial public offers.
Mon, Dec 13, 2021
The Supreme Court Monday sought responses from the Centre and firms including Uber and Zomato on a plea of an organisation of transport workers serving app-based service providers seeking social security rights available for unorganised sector workers under the law.
Fri, Dec 10, 2021
Logistics technology platform Shiprocket on Friday said it has signed a definitive agreement for a $185 million (Rs 1,380 crore) Series E funding round, co-led by Zomato, Temasek and Lightrock India.
Tue, Nov 30, 2021
Online food delivery platform Zomato has announced the launch of Zomato Wings, a platform to connect investors with restaurants, to help them raise funds.
Fri, Nov 19, 2021
The investors must be aware of the opening day performances of the biggest Indian initial public offerings (IPOs). Indian digital payments firm Paytm was listed in the stock market on Thursday. As per a Reuters report, Paytm had raised $2.46 billion through what was India`s largest-ever IPO.
Tue, Nov 16, 2021
The company’s net loss widens during the September-end quarter of the financial year 2021-22 (Q2FY22), to Rs 434.9 crore as compared to Rs 360.7 crore quarter-on-quarter.
The report released by Edelweiss Alternative Research suggests that the AMFI in its semi-annual review may add startup companies.
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