Zomato declines 11% in just two days. Here's why - The Economic …

Aug 24, 2021 · New Delhi: Shares of Zomato have declined about 15 per cent in the last couple of sessions as the mandatory lock-in period for anchor investors ended on Monday, which led to …

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Zomato Declines 11% In Just Two Days. Here's Why - The Economic …

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Aug 24, 2021 · New Delhi: Shares of Zomato have declined about 15 per cent in the last couple of sessions as the mandatory lock-in period for anchor investors ended on Monday, which led to …

indiatimes.com

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Zomato’s Stock Plunges Over 11% To Hit All-time Low - The …

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Jul 25, 2022 · About 230 million shares were traded on NSE and BSE compared to two weeks' average daily volumes of 45.6 million shares. Zomato had a blockbuster listing on the Indian …

indiatimes.com

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Explained: The Reasons Why Zomato’s Shares Tanked To An

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Jul 26, 2022 · Zomato shares tumbled sharply — 14 per cent in the last two sessions — since it announced that it would buy local grocery-delivery startup Blinkit for Rs 4,447 crore ($568.16 …

firstpost.com

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Why Has Zomato Plunged 6% A Day After Q4 Numbers? We Get …

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May 14, 2024 · The food delivery giant Zomato encountered a significant setback, witnessing a noteworthy plunge of 6% during the opening trade. Subsequently, Zomato's share price …

financialexpress.com

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Zomato Tanks 22% In Two Days Wiping Out Over ₹9,000 Crore …

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Jul 25, 2022 · Zomato shares fell by 22% in two days, wiping out over ₹9,000 crore of investor wealth.; The fall may seem sudden, but this was expected to happen. Here’s why the Zomato …

businessinsider.in

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Why Are Zomato Shares Falling? 6 Reasons For The Stock Crash!

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Feb 16, 2022 · During this Zomato shares were one of the worst-hit after plunging 8% to hit an all-time low of Rs 75.75. But what led to this catastrophic fall in the share price of this Food …

tradebrains.in

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Why Zomato Shares Declined Today To End 5-day Rally

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Mar 6, 2024 · Zomato shares took a 5% hit after a five-day surge, as 2% of the company's equity was traded in several large transactions earlier today. A total of 19.1 lakh shares, or 2.2% …

newsbytesapp.com

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Here Is Why Zomato Shares Had A Sharp Fall In The Final Minutes Of ...

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Nov 8, 2024 · Here is why Zomato shares had a sharp fall in the final minutes of trade on Friday. November 8, 2024; Uncategorized; Shares of Zomato have corrected 17% from their recent …

bestbull.co.in

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Zomato Share Price Falls Nearly 2% Today. Should You Buy Or Avoid?

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Oct 29, 2024 · Zomato shares dipped nearly 2% in early trade on Tuesday, marking a continued pullback after a strong rally earlier this year. The food delivery platform’s stock was down …

indiatoday.in

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Zomato Shares Fall 2%: Here's What Brokerage Firm CLSA Says

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Oct 24, 2024 · Foreign brokerage CLSA believes Zomato shares could see a rally in the coming months. Zomato recently received board approval for a qualified institutional placement (QIP) …

indiatoday.in

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Here Is Why Zomato Shares Had A Sharp Fall In The Final Minutes Of ...

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Zomato's shares fell 3.2% after a Competition Commission of India probe found that the company and rival Swiggy engaged in anti-competitive practices, making exclusive agreements with …

flipit.money

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Zomato Share Price Drops 5% As Macquarie Sees Nearly 50

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Here's why. By HT News Desk. May 31, 2024 12:49 PM IST . Share Via. Copy Link. ... Zomato share price: The share price of Zomato fell over 5 per cent today (May 31) as foreign …

hindustantimes.com

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Why Has The Price Of Zomato's Shares Dropped To Its Lowest

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Jul 25, 2022 · Records for Zomato Share Value A decrease of 14.3% as the lock-in period expires.. Zomato had a fantastic start on July 23, 2021, in the Mumbai market, but since then, …

inventiva.co.in

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Zomato Shares 1.38% As Nifty - The Economic Times

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3 days ago · Shares of Zomato Ltd. 1.38 per cent to Rs 274.90 in Monday's trade. It hit a high of Rs 274.90 and low of Rs 269.95 during the session. On the technical charts, the 200-DMA of …

indiatimes.com

FAQs about Zomato declines 11% in just two days. Here's why - The Economic … Coupon?

Why did Zomato shares fall?

Zomato shares fell despite the company posting a consolidated net profit of Rs 175 crore in the quarter backed by higher revenues. Zomato had posted a consolidated net loss of Rs 188 crore in the same quarter last fiscal. ...

Why did Zomato stock fall 14 per cent?

Zomato shares tumbled sharply — 14 per cent in the last two sessions — since it announced that it would buy local grocery-delivery startup Blinkit for Rs 4,447 crore ($568.16 million) in an all-stock deal. At the time, it was reported that Zomato’s stocks had fallen 53 per cent on a cumulative basis. ...

Why did Zomato stock hit a low on Tuesday?

Shares of Zomato hit the lows of Rs 120.60 on Tuesday. New Delhi: Shares of Zomato have declined about 15 per cent in the last couple of sessions as the mandatory lock-in period for anchor investors ended on Monday, which led to some profit booking by them. Also, the recent sell-off in the broader markets added more pressure on the stock. ...

Why did Zomato stock sell off on Monday?

The mandatory lock-in period for promoters, staff members, and other shareholders who purchased Zomato stock before its IPO concluded on Friday. According to analysts, the leading cause of Monday’s significant sell-off is that these stockholders are now free to sell their shares. ...

What happened to Zomato stock on BSE?

The Zomato stock fell by as much as Rs 7.8 or 14.9 per cent to Rs 44.4 apiece on BSE, coming within Rs 4 of an all-time low hit in July 2022. Zomato shares suffered sharp losses on Wednesday, falling to their lowest levels recorded in almost the past six months. ...

Why did Zomato share price fall 5 per cent today?

Zomato share price: The share price of Zomato fell over 5 per cent today (May 31) as foreign brokerage Macquarie forecast nearly 50 per cent decline in the share price of the company in the next 12 months citing increased competition in the quick commerce sector. ...