Zomato shares zoom over 12% after strong Q1 results - The …

Aug 2, 2024  · Shares of Zomato zoomed more than 12% on Friday after the food delivery aggregator reported a multi-fold jump in consolidated net profit to Rs 253 crore for the June …


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Zomato Shares Zoom Over 12% After Strong Q1 Results - The …

1 week from now

Aug 2, 2024  · Shares of Zomato zoomed more than 12% on Friday after the food delivery aggregator reported a multi-fold jump in consolidated net profit to Rs 253 crore for the June …

indiatimes.com

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Zomato Shares Hit Fresh 52-week High On Strong Q2; Zoom 170

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Nov 6, 2023  · The share price of Zomato has risen 175% in nearly eight months after hitting its 52-week low of ₹44.35 touched on January 25, 2023. ... During the quarter under review, …

fortuneindia.com

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Zomato Stock Zooms 15% After Q4 Results; Here's Why

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May 24, 2022  · Shares of food delivery platform Zomato Ltd. rallied 15% on Tuesday even as the company's net loss widened over two-fold to ₹360 crore. The food ordering app's stock …

fortuneindia.com

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Zomato Share Price Soars Over 12% After Q1 Net Profit Rise, …

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Aug 2, 2024  · Shares of Zomato Ltd. rose to life high after the company's first quarter net profit rose, beating analyst estimates. Brokerages were optimistic on both the food delivery business …

ndtvprofit.com

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Zomato Share Price Zooms On Positive Quarterly Numbers

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Aug 3, 2024  · The share price of Zomato rose as much as 17% on Friday, a day after it announced market-beating financial results for the first quarter of FY25, even as the stock …

upliftedstories.com

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Zomato Zooms 16% After Multi-fold Jump In Profit; Brokerages …

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Z omato‘s share price surged over 16% to a record high of Rs 261 after the company’s net profit for the June quarter of the current financial year (Q1FY25) grew multi-fold to Rs 253 crore ...

msn.com

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Zomato Q4 Results Highlights: Net Profit Increases 26.8% QoQ

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Zomato Q4 Results Live Update at 03:22 pm: Blinkit, a subsidiary of Zomato, turned adjusted EBITDA positive in the month of March 2024, according to an exchange filing. Zomato Q4 …

upstox.com

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Zomato Shares Surge Ahead Of Upcoming Q2 Results Tomorrow

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Oct 21, 2024  · Today’s Zomato Share Price. On Monday, Zomato’s shares experienced a rally ahead of the Q2 results announcement, rising by up to 3.7% to reach an intraday high of ₹267 …

aliceblueonline.com

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

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Oct 24, 2024  · At the end of the second quarter, Zomato's cash reserves stood at $1.3 billion. ... The brokerage firm expects this funding boost to positively impact Zomato’s share …

indiatoday.in

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Zomato Shares Recover After Falling 5% After Q2 Results ... - India …

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Oct 23, 2024  · However, Zomato’s share price rose to Rs 260.15 on the Bombay Stock Exchange (BSE) by 10:22 am, after hitting a day low of Rs 242.45. The food delivery giant's profits for …

indiatoday.in

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Zomato Shares Drop 6% Post Q4 Results. Should You Buy?

1 week from now

May 14, 2024  · Elara Capital highlighted Zomato's strong position in the food business and Blinkit's market leadership in quick commerce. They upgraded Zomato's share price target to …

indiatoday.in

FAQs about Zomato shares zoom over 12% after strong Q1 results - The … Coupon?

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. ...

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. ...

How did Zomato perform in the first quarter of 2024?

Zomato's revenue from operations increased 75 per cent YoY to Rs 4,206 crore in the first quarter of the ongoing financial year. Zomato on Thursday reported a multifold rise in its net profit in the June 2024 quarter, which came in at Rs 253 crore, zooming more than 12,550 per cent on a year-on-year (YoY) basis. ...

Should you buy Zomato shares after Q2 results?

Zomato shares recover after falling 5% after Q2 results. Should you buy? Zomato share price: The early selloff was driven by mixed brokerage insights, despite an overall bullish outlook on the stock. Zomato shares recovered after falling nearly 5% in early trade. ...

Why have Zomato shares soared 13% in two days?

Zomato shares have gained over 13% in two days after the Deepinder Goyal-led firm reported a consolidated net profit of ₹36 crore in Q2FY24, compared with a profit of ₹2 crore in the June quarter of FY24 and a loss of ₹251 crore in the corresponding quarter last year. ...

Why did Zomato stock sell off?

Revenue rose by 68% to Rs 4,799 crore, driven by improved margins in the food delivery segment and the rapid expansion of its quick-commerce business, Blinkit. The early selloff in Zomato's shares was driven by mixed brokerage insights, despite an overall bullish outlook on the stock. Why do smokers have the urge to smoke after every meal? ...

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