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

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 …

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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 To Hit All-Time High On UBS Bull Call ... - MSN

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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 …

msn.com

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Zomato Shares Hit All-Time High, UBS Bullish On Stock's Future

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At the time of filing, Zomato’s shares were trading at Rs 283, up 4.16% from the previous trading session. The 52 week high and low of the share is Rs 284.35 and Rs 97.07 respectively.

msn.com

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Zomato Shares Hit All-time High In Morning Trade

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Sep 12, 2024 · Zomato shares hit a new high on the National Stock Exchange (NSE) in morning trade, gaining more than 4%. UBS, a brokerage company, stated in its most recent report that …

businessupturn.com

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Zomato Shares Surged 6% To Hit Fresh High Today. Here's Why

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Aug 19, 2024 · Zomato shares rose 5.8 per cent to hit a fresh high of Rs 280 on BSE. ... Foreign brokerage UBS maintained its 'Buy' call on Zomato with an increased target price of Rs 320 …

businesstoday.in

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Zomato Shares Hit All-time High, Deliver 150% Returns In One Year

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Dec 5, 2024 · Shares of Zomato, the online food aggregator, reached an all-time high of ₹304.65 apiece on Thursday, December 5, 2024. The stock rallied by as much as 4.5% on the BSE, …

businessupturn.com

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Zomato Shares Hit A Fresh All-Time High At INR 304.50

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Dec 5, 2024 · Shares of Zomato. extended gains for the second consecutive day and jumped over 6% during the intraday trading session today (December 5) to hit a fresh all-time high a t INR …

inc42.com

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Zomato Shares Hit Fresh High, Surges 6% After UBS Raises Price …

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S hares of Zomato surged 6% on Monday, reaching a freh 52-week high of Rs 280 on the BSE. The rise came after global brokerage firm UBS raised its target price for the online food …

msn.com

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Zomato Shares Hit All-Time High As Brokerage Raises Price Target

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Jul 12, 2024 · Zomato‘s share price surged nearly 2% to hit a new all-time high of ₹221.31.. What Happened: The surge today comes as global brokerage firm UBS maintained its bullish stance …

benzinga.com

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Zomato Shares Jump 5% To Hit All-time High: What Is Pushing The …

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Zomato share price: Zomato stock breached an all-time high record and traded at ₹173.50 a piece at peak. Zomato share price: Zomato share price continued its upward trend for the second ...

hindustantimes.com

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Zomato Shares Off Record High, Here’s Why Bernstein Has

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Sep 13, 2024 · The shares of food delivery aggregator Zomato hit a record high in early trade on September 13 but fell almost 3% from those levels intraday. NSE. ... Earlier this week UBS in …

cnbctv18.com

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Zomato Shares At All-Time High: Brokerage Sees The Stock …

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Mar 26, 2024 · Continuing its golden run, Zomato‘s share price went up around 3% to hit a new all-time high of ₹180.But, analysts at ICICI Securities think the food giant is set to continue this …

benzinga.com

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Zomato Shares Hit All-Time High After Hiking Platform Fees By 20%

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Jul 15, 2024 · Shares of Zomato hit an all-time high on Monday after the food delivery platform hiked its platform fee in some regions .. What Happened: Zomato and Swiggy jacked up their …

benzinga.com

FAQs about Zomato Shares Rally To Hit All-Time High On UBS Bull Call, … 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 is UBS's bullish outlook on Zomato?

UBS’s bullish outlook is rooted in optimism about Zomato’s growth trajectory. At the time of filing, Zomato’s shares were trading at Rs 283, up 4.16% from the previous trading session. The 52 week high and low of the share is Rs 284.35 and Rs 97.07 respectively. ...

Why did UBS raise its target price for Zomato?

UBS also mentioned that it has raised its employee cost estimates to account for Zomato's investments in manpower. These factors, combined with a roll forward of its valuations and higher multiples for Zomato's Going Out and Hyperpure services, resulted in the increased target price of Rs 320. ...

How did Zomato shares perform on December 5?

Zomato shares rose over 6% during the intraday trading session on December 5 to hit a fresh all-time high at INR 304.50 apiece on the BSE. ...

Why did Zomato hit a fresh 52-week high on BSE?

Shares of foodtech firm Zomato on Monday jumped 6% to hit a fresh 52-week high of Rs 280 on BSE after the global brokerage firm UBS raised the target price on the new-age stock from Rs 260 to Rs 320. "We increase our GMV estimates for food delivery (+2-3%) and quick commerce (+20-30%) for FY26-28e following the strong Q1 and solid guidance. ...

What happened to Zomato's 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. UBS highlighted strong growth prospects as a key reason for their positive outlook. ...