Zomato Lost Market Share In Food Delivery Market In Q3: ICICI Securities
ICICI Securities has said that Zomato may have lost market share in the food delivery segment in Q3 FY25 amid rising competition.
Zomato Shares Tumble 10% Post Q3 Results: Here is Why
The shares of the food delivery platform witnessed a sharp plunge of over 10% on Tuesday as investor sentiment dampened after the Q3 results
Zomato Stocks Plunge Nearly 10 Per Cent, See Why The Food Delivery Firm's Share Price Is Falling
AM, the firm’s shares traded at Rs 216.90 apiece on the BSE and Rs 216.60 per share on the NSE, logging a decline of 9.98 per cent and 9.66 per cent respectively.
Zomato share price plunges over 9% after Q3 PAT slumps 57% YoY. Time to buy or sell?
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 Share Price: Why This LargeCap Stock Nosedived By 13% After Q3, & Should You Buy?
The largest food delivery online company, Zomato Ltd share price witnessed massive selling pressure on Tuesday, January 21, after it reported mixed performance in Q3 of FY25.
Zomato shares: Plunge 13% following Q3 results; brokerages foresee long-term gain
Shares of Zomato plummeted 13 per cent to hit an intraday low of ₹207.80 on the NSE after the food delivery aggregator reported a 57.2 per cent decline in consolidated net profi t for the December quarter to ₹59 crore. The stock closed at ₹239.75 on the NSE on Monday.
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 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's loss of 15% in less than a day...': A top investor explains why stock's losing value
The quick commerce business added 216 stores this quarter, surpassing the 1,000-store milestone. Blinkit’s management now ...
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Analysts bullish on Zomato despite share dip
While the stock faces short-term headwinds, analysts remain confident in Zomato’s ability to leverage its competitive ...
For Zomato, chasing too much growth in q-commerce may be causing indigestion
It was a double whammy for Zomato as the food delivery and quick commerce businesses disappointed in Q3. Are the quarterly ...
Disappointing Q3 Results Send Zomato and Swiggy Stocks Tumbling
The Indian stock market witnessed a significant drop in the share prices of food delivery giants Zomato and Swiggy on Tuesday ...
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Zomato crashes 8% as analysts downgrade stock following Q3 results
Market analysts are revising stock price targets downward for Zomato after the food delivery giant posted a mixed performance ...
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 ...
Zomato's share hits 6-month low amid Blinkit's expansion plans
Zomato's share price dropped to its lowest point on Tuesday in nearly six months, following weak Q3 FY25 earnings.
Deepinder Goyal's Zomato stock tumbles 11% after 57% drop in consolidated net profit in December quarter
Shares of food tech firm Zomato tumbled 11 per cent on Tuesday after the food delivery aggregator reported a 57.2 per cent ...