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) …

2%
OFF

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

4 weeks from now

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

2%
OFF

Zomato Shares Gain Over 2% As Brokerages Maintain Bullish …

4 weeks from now

Dec 4, 2024 · Shares of Zomato Limited rose over 2% to ₹287 in morning trade on December 4 after brokerage firm CLSA reiterated its ‘outperform’ rating and increased its target price to …

businessupturn.com

2%
OFF

Zomato Shares Rise 2% As CLSA Maintains 'outperform', Sees 32

4 weeks from now

Dec 4, 2024 · Shares of Zomato Limited surged over 2 percent to Rs 287 in morning trade on December 4 after brokerage firm CLSA maintained its outperform rating on the stock and …

moneycontrol.com

2%
OFF

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

4 weeks from now

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

2%
OFF

Zomato Shares Rise 2% As CLSA Maintains 'outperform

4 weeks from now

Dec 4, 2024 · Shares of Zomato Limited surged over 2 percent to Rs 287 in morning trade on December 4 after brokerage firm CLSA maintained its outperform rating on the stock and …

tradingview.com

6%
OFF

Zomato Shares Fall Despite Delivering Solid Q4 Performance. Here’s …

4 weeks from now

May 14, 2024 · Here's all you need to know. ... Zomato shares fall despite strong Q4 results; Shares tumble as much as 6% in early trade; Multiple brokerages maintain bullish outlook, …

indiatoday.in

3%
OFF

Zomato Shares Fall Over 3%; Q2 Earnings Lower Then Estimates …

4 weeks from now

Oct 23, 2024 · Zomato shares have delivered strong returns across various time frames. Over the past three months, the stock gained 17.64%, while rising 36.76% in the last six months. Year …

financialexpress.com

50%
OFF

Will Zomato Shares Double Or Fall 50%? Here Are Two ... - CNBCTV18

4 weeks from now

Nov 13, 2024 · Macquarie notes downside risks to Zomato's estimates and as a result has cut its earnings estimates on the food delivery aggregator. Shares of Zomato are trading 1% lower at …

cnbctv18.com

4%
OFF

Zomato Shares Decline Nearly 4% On Block Deal Buzz. Details Here

4 weeks from now

Mar 6, 2024 · Brokerage firm CLSA recently raised its target price for Zomato from Rs 181 to Rs 227, citing stable profitability in food delivery and quick commerce. CLSA expects Zomato's …

indiatoday.in

2%
OFF

Zomato Shares Fall 2% After Antfin Singapore Likely Offloads 2

4 weeks from now

Zomato Share Price: Shares of food aggregator Zomato dropped 2% to a day's low of Rs 257.10 on the BSE in the early trading session following reports that Antfin Singapore sold a 2.4% …

msn.com

16%
OFF

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

4 weeks from now

Aug 2, 2024 · Brokerage firm CLSA has reiterated its “buy” rating on Zomato share price and raised its price target to Rs 350 from Rs 248. This new target is the highest on the street …

financialexpress.com

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

How has Zomato's share price changed over the past year?

Over the past year, Zomato's shares have increased by nearly 200 per cent. Brokerage firm CLSA recently raised its target price for Zomato from Rs 181 to Rs 227, citing stable profitability in food delivery and quick commerce. ...

Is Zomato a good stock to buy?

CLSA has maintained a positive outlook on Zomato, citing a strong potential in the quick commerce sector. 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. ...

Why did CLSA raise its target price for Zomato?

Brokerage firm CLSA recently raised its target price for Zomato from Rs 181 to Rs 227, citing stable profitability in food delivery and quick commerce. CLSA expects Zomato's food delivery business to achieve an adjusted EBITDA margin of 5-6 per cent, while its quick commerce segment is on track to break even by FY25. ...

Will Zomato stock halve from current levels?

Two brokerages came out with contrasting views on Zomato, while one is expecting the stock to double, the other expects the stock to halve from current levels. Most brokerages remain constructive on shares of food delivery aggregator Zomato Ltd., post the listing of its competitor Swiggy on the bourses on Wednesday. ...

How have Zomato shares performed over the past three months?

Zomato shares have delivered strong returns across various time frames. Over the past three months, the stock gained 17.64%, while rising 36.76% in the last six months. Year-to-date, shares surged 107.24%, and over the past twelve months, they have grown by over 135%, highlighting sustained positive momentum. ...

Why did Zomato stock hit a 52-week high?

Shares of Zomato rallied over 4 percent in morning trade to hit a 52-week high of Rs 159.20 on the National Stock Exchange (NSE). With this sharp surge, the stock has moved closer to its all-time high of Rs 169, scaled on November 16, 2021. The surge comes after CLSA raised the target price on the food aggregator's stock to Rs 227. ...