Rs 10,200 crore food bill! Zomato most bought stock of mutual funds in Q3
Mutual funds invested Rs 10,200 crore in Zomato shares in Q3, making it the most bought stock. Mutual fund holdings increased ...
Zomato, Swiggy rally up to 7% as global brokerages remain optimistic
Global brokerage JP Morgan believes that both Swiggy and Zomato are available at attractive prices for taking positions in ...
Zomato shares in focus after CLSA adds stock to ‘high conviction overweight’, raises target price to Rs 400
CLSA has reiterated its bullish stance on Zomato, adding the stock to its "High Conviction Overweight" list and raising the ...
Zomato added to CLSA’s 'High Conviction' list with Rs 400 target price, sees 64% upside potential
CLSA also hiked the target price on Zomato shares to Rs 400 apiece, indicating a 64 percent upside from current levels ...
Zomato shares down over 7%, extend fall to 23% in three weeks amid profitability concerns
Jefferies downgraded shares of Zomato to 'hold' last week, citing the sharp run-up in the stock through 2024 and concerns ...
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Swiggy, Zomato may cut back on food discounts
The burden of discounts has largely fallen on restaurants, which often pay 5–10% of order value for promotions to secure ...
Stocks to buy today: CLSA adds Zomato to outperform list; Nuvama sees over 40% upside in HDFC Life
CLSA has included Zomato in its High Conviction Outperform list, maintaining an "Overweight" rating and increasing the target ...
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Zomato may become a Nifty 50 share this March
Brokerage firm JM Financial has projected that food delivery giant Zomato could be included in the Nifty 50 index, after its ...
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Swiggy, Zomato may scale back discounts
The burden of discounts has largely fallen on restaurants, which often pay 5–10% of order value for promotions to secure ...
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Zomato Hyperpure Leases New Warehouse Near Mumbai
Zomato has signed a lease with the Lodha Group for an over 2.5 Lakh sq ft warehousing facility near Mumbai for supply chain ...
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Zomato, Swiggy Put Cafe Wars In Overdrive
Zomato and Swiggy, as the two companies enter another phase in their longstanding rivalry. Zomato and Swiggy walk into a bistro, ask to see the menu and the kitchen, have a ‘Snacc’ or two while taking ...