Zomato shares fall 2%: Here's what brokerage firm CLSA says

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) …

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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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Zomato Shares Rally To Hit All-Time High On UBS Bull Call, …

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Zomato shares zoomed over 4% to hit a fresh all-time high of ₹284.30 on Thursday after UBS reaffirmed its bullish outlook on the stock. What Happened: The increase in Zomato's stock …

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Why Brokerages Are Bullish On Zomato Post Q2 | Fortune India

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Oct 23, 2024 · Zomato shares rose 3% to ₹263.90 on Wednesday as investors cheered its September quarter earnings report, which came broadly in line with Street expectations. The …

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Zomato Shares Surge Nearly 8%: What's Driving The Rally?

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Sep 5, 2024 · Other brokerage firms raise target prices for Zomato. UBS recently increased its target price for Zomato's stock to ₹320 per share, citing the company's better-than-expected …

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Zomato Shares Surge 3% As Brokerages See Continued …

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Oct 8, 2024 · Shares of food delivery giant Zomato were soaring by more than 3% in the exchanges on Tuesday as brokerages appeared bullish about the firm’s performance and see …

benzinga.com

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Zomato Shares Rally 6% To Fresh High After UBS Raises Target Price

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Aug 19, 2024 · Zomato Share Price: Zomato's shares surged 6% to a new 52-week high of Rs 280 on BSE on Monday after UBS raised its target price from Rs 260 to Rs 320. The …

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Zomato Shares Rally To Hit All-Time High On UBS Bull Call, …

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Sep 12, 2024 · Zomato shares zoomed over 4% to hit a fresh all-time high of ₹284.30 on Thursday after UBS reaffirmed its bullish outlook on the stock.. What Happened: The increase …

benzinga.com

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Zomato Shares Rally Over 5% As Global Brokerages Initiate

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Aug 30, 2021 · The brokerage is of the view that Zomato has strong business moats with the potential to add new adjacencies. It views risk-reward as balanced at the current stock price. …

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Zomato Shares Jump 3%, Brokerages Bullish But Cut Target Price; …

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Feb 17, 2022 · Despite Zomato share price plunging around 50% from its record high level of Rs 169.10 hit in November last year, brokerages maintain a bullish stance on the stock, but have …

financialexpress.com

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Zomato Shares Fall 6% After Q4 Results But Brokerages Hike Target …

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Zomato share price: The share price of food delivery platform Zomato fell 6% today (May 14) after the company announced its Q4 results- a consolidated net profit of ₹ 175 crore in the fourth ...

hindustantimes.com

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Zomato Shares Surge Over 7% After CLSA Raises Target Price To …

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1 day ago · Shares of Zomato surged as much as 7.27% to reach INR 261.75 during the intraday trading session on the BSE today (January 16) as Hong Kong-based brokerage CLSA …

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Is Zomato's Dream Stock Market Run Over? - India Today

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Jan 7, 2025 · Zomato's share price has declined over 9% in the past 5 trading sessions and over 14% in a month. At around 12:05 pm, shares of the company were trading 4.38% lower at Rs …

indiatoday.in

FAQs about Zomato shares fall 2%: Here's what brokerage firm CLSA says Coupon?

Why did Zomato stock hit a new all-time high?

Zomato shares zoomed over 4% to hit a fresh all-time high of ₹284.30 on Thursday after UBS reaffirmed its bullish outlook on the stock. What Happened: The increase in Zomato's stock price comes as global brokerage UBS maintained a “buy” rating on the stock and set a target price of ₹320, which represents a 13% upside from its current market value. ...

What happened to Zomato share price?

Zomato shares have plunged nearly 36% in the past month. Zomato share price surged 3 per cent on Thursday to hit intraday high of Rs 88.15. Today’s gain follows the steep correction earlier this week when the foodtech company’s stock slumped 8 per cent on Tuesday to hit a new low of Rs 75.75, falling below the issue price of Rs 76. ...

Is Zomato a good stock to buy?

Top fund managers and brokerage houses have been upbeat about Zomato and expect the company to offer long-term returns. Earlier in the trading session, Zomato shares hit a 52-week high of Rs 80.30 apiece and analysts say there is more steam left in the stock. ...

Is Zomato Ltd delivering multibagger returns to investors?

Shares of online food and grocery delivery platform Zomato Ltd were trading higher in Wednesday's trade. Last checked, the stock was up 2.50 per cent at Rs 262.60. At this price, it has delivered multibagger returns to investors by rallying 110.92 per cent on a year-to-date (YTD) basis. ...

Is Zomato a 'buy' or 'outperform' stock?

HSBC and UBS have maintained ‘buy’ ratings on Zomato at a target price of ₹330 and ₹320, respectively. While CLSA has assigned ‘outperform’ rating at a target price of ₹370. Nuvama Institutional Equities emphasised that Zomato’s strong Q2 results were above estimates and that its growth delivery continues to surprise. ...

Which brokerage has a buy call on Zomato?

JM Financial is another brokerage that has a buy call on Zomato with a target price of Rs 105, while Emkay Financial has a buy rating on the stock with a target price of Rs 90. (Disclaimer: This article is broadly based on earnings performance, management commentary, and brokerage views. ...