What's Going On With Zomato's Share Price After Upbeat Q3

Feb 9, 2024  · Shares of Zomato were volatile on Friday after the food delivery firm posted a profit for the third consecutive quarter, feeding hopes of sustainable long-term bottom-line growth.. …


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Zomato Share Price Target 2024: Stock Gains 4% After Q3 Profit

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Feb 9, 2024  · Zomato Share Price Target Price 2024: Zomato shares went on to hit a new 52-week high at Rs 151, up more than 4 per cent. ... Stock gains 4% after Q3 profit jumps many …

etnownews.com

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Zomato Shares Up 4% After Q3 Profit, Hits Fresh 52-Week High

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Feb 9, 2024  · Zomato's share price surged over 4% in early Friday trading, reaching a new 52-week peak following robust Q3 results driven by food delivery growth. The online food delivery platform reported a significant jump in net profit and revenue, with promising prospects for continued …

zeebiz.com

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Zomato Share Price: Why Stock Is Falling Today? - ET Now

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Jan 7, 2025  · Zomato Share Price News: Zomato shares cracked nearly 5% on Tuesday, January 7, hitting a low of Rs 251.75 per share on the NSE. The stock is now down 17.4% from its all …

etnownews.com

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Zomato Share Price - Zomato Stock Price Falls 3% Today As Poor …

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Jan 8, 2025  · Jefferies’ revised target price closely aligns with Zomato’s Monday closing of Rs 264.6, marking a 13% drop from its recent high of Rs 304. The firm flagged rising competition …

indiatoday.in

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Zomato Shares Jump 5% After First ₹400 Target, Potential

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2 days ago  · Shares of food delivery aggregator Zomato Ltd. gained as much as 5% in early trade on Thursday, January 16, after brokerage firm CLSA added the stock to its "high-conviction …

cnbctv18.com

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Zomato Share Price: Zomato Shares Zoom 4% To Fresh All-time …

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Sep 12, 2024  · Zomato Share Price: Shares of Zomato surged 4% to a new high of Rs 283.60 after UBS maintained a buy rating with a target price of Rs 320. The growth optimism follows …

indiatimes.com

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What's Going On With Zomato Shares Today? - Benzinga

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Dec 8, 2023  · Zomato’s share price extended gains for the third straight session on Friday morning, going up over 1% even as another Chinese giant looked to offload shares.. What …

benzinga.com

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Zomato Stock Jumps Over 8% Ahead Of Q3 Results On Thursday

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Feb 8, 2023  · Shares of online food delivery aggregator Zomato jumped 8.5% to Rs 53.75 on Wednesday ahead of its December quarter results tomorrow. Meanwhile, the stock has rallied …

indiatimes.com

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Zomato Shares Down Over 4%, Extend Fall To 20% In Three Weeks …

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4 days ago  · The fall in Zomato’s share price accentuated after global brokerage firm Jefferies downgraded shares of Zomato to 'hold' last week, citing the sharp run-up in the stock through …

moneycontrol.com

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

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Oct 24, 2024  · The brokerage firm raised its target price for Zomato's stock from Rs 353 to Rs 370. According to CLSA, quick commerce plays a crucial role in Zomato’s business model. …

indiatoday.in

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Zomato Shares Jump 3% As UBS Reaffirms Buy; Multibagger

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Sep 12, 2024  · Shares of Zomato gained over 3 percent on September 12 to trade slightly below the record high after UBS reaffirmed a 'buy' rating on the stock with a target price of Rs 320.

moneycontrol.com

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Zomato Shares Extend Losses Into 5th Day: What's Going On?

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Sep 30, 2024  · Zomato‘s share price was set to extend losses into a fifth straight session on Monday, going down over 1% to hit an intraday low of ₹273.20.. What Happened: Akriti …

benzinga.com

FAQs about What's Going On With Zomato's Share Price After Upbeat Q3 Coupon?

How did Zomato's share price perform in Q3?

Zomato's share price surged over 4% in early Friday trading, reaching a new 52-week peak following robust Q3 results driven by food delivery growth. The online food delivery platform reported a significant jump in net profit and revenue, with promising prospects for continued growth in gross order value. ...

What happened to Zomato shares?

Credit: © Reuters. Benzinga - Shares of Zomato (NS: ZOMT ) were volatile on Friday after the food delivery firm posted a profit for the third consecutive quarter, feeding hopes of sustainable long-term bottom-line growth. What Happened: Zomato announced a net profit of ₹138 crore for the December quarter. ...

Should you buy Zomato shares after Q3 results?

Zomato shares plunge 5% post Q3 results. Should you buy, sell or hold? 1 min read . Updated: 11 Feb 2022, 09:24 AM IST Livemint Zomato's Q3 loss narrowed, helped by a one-time gain, while revenue jumped due to increased demand for restaurant meals. ...

What was Zomato's profit in September quarter?

The profit for the September quarter was Rs 36 crore. Zomato's revenue from operation in Q3 increased from Rs 1948 crore to Rs 3288 crore YoY. The revenue for September quarter was Rs 2848 crore. The company suffered a loss of Rs 21 crore in the September quarter. EBITDA was Rs 51 crore, which was a loss of Rs 366 crore a year ago. ...

Why did Zomato share price rise 5 percent in early trade?

Zomato share price jumped 5 percent in early trade on January 9, touching a fresh 52-week high at Rs 151.40. Revenue surged 69 percent year-on-year to Rs 3,288 crore at a time when the broader e-commerce sector is reeling under the pressure of high inflation and muted demand. ...

Why did Zomato's Q2 earnings Euphoria Go Down?

The euphoria around the good Q2 earnings fizzled out soon as Zomato saw major top management exits which dampened stock performance further. Shares of Zomato have fallen nearly 45% in the last 12 months, and are down 14% on a year-to-date basis. ...

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