Top restaurateurs raised concerns over the entry of food delivery aggregators like Zomato and Swiggy into private labelling and dining-in, and stressed the need for alternatives in the market. At a ...
On Wednesday, Zomato's stock witnessed a sharp decline of 5.1% to reach Rs 203.80 on the BSE, seeing a total fall of 18.1% across three consecutive trading sessions. The three-day selling pressure ...
Zomato Share Price: Zomato shares fell 13% to the day’s low on Tuesday morning, after the food delivery giant reported a 57% year-on-year drop in consolidated net profit for the December quarter, ...
Zomato share price fell after its net profit plummeted by 57.24% to ₹59 crore, compared to ₹79 crore during the same quarter of the previous year Zomato share price: Zomato Ltd shares ...
Zomato share price today, January 21: The stock of Zomato has fallen over 9% in the last five trading sessions. (Image: Reuters) Zomato’s share price fell as much as 8.7%, to Rs 218.95, intra ...
Zomato Ltd.'s profitability is expected to remain subdued in current and next financial year as Blinkit expands aggressively, according to brokerages. In three months to December 2024, the food ...
Despite the profit slump, the food delivery giant saw its revenue grow significantly. Zomato's revenue surged 64.9 per cent to Rs 5,405 crore in the October-December quarter compared to the same ...
Foodtech and quick commerce platform Zomato on Monday released its financial results for the third quarter of the ongoing fiscal year (Q3 FY25). The results showcase a decent growth in scale while the ...
Zomato's stock faces investor concerns about accelerated investments in Blinkit’s supply chain (dark store and warehouse network) and rising competitive pressures in quick commerce. According to ...
The development adds to the ongoing discourse around ethical pricing practices. Zomato's CEO, Deepinder Goyal, has issued a public apology for the extra fee that is being charged on vegetarian ...
With the latest investment, Zomato has injected Rs 2,800 crore in Blinkit since it acquired the company in August 2022. Formerly known as Grofers, Blinkit was acquired by Zomato for Rs 4,477 crore in ...
Zomato Ltd shares may have recovered 9 per cent from January 13 closing, they are still down 17 per cent from their December 2024 high of Rs 304.50. There are growing investor concerns about ...
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