ZOMATO CLSA - The Economic Times

Nov 16, 2024  · Global brokerage CLSA has maintained its Outperform rating on Zomato with a target price of Rs 283.90/share. Zomato remains CLSA's top pick in the food delivery space. ...


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

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2 days ago  · CLSA maintained its "outperform" rating on the stock and raised its price target to ₹400 from ₹370 earlier. This is also the first instance of Zomato getting a ₹400 target, which …

cnbctv18.com

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Zomato Shares Rise 4% As CLSA Maintains 'outperform

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Dec 4, 2024  · Zomato shares rise 2% as CLSA maintains 'outperform', sees 32% upside CLSA notes that while the gap between Swiggy and Zomato has stopped widening, Zomato remains …

moneycontrol.com

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Zomato Shares Advance 7% As CLSA Adds Stock To ‘high Conviction ...

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2 days ago  · Zomato share price: CLSA has reiterated its bullish stance on Zomato, adding the stock to its "High Conviction Overweight" list and raising the target price to Rs 400 from Rs …

indiatimes.com

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Zomato Shares Rose From 52-week Low Price Targets For 2025 Buy …

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Dec 31, 2024  · Global brokerage CLSA has an outperform rating on the stock with a price target of Rs 370 per share. ... Zomato shares were down 1.64% at Rs 278 in the current session …

businesstoday.in

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Swiggy Share Price: Zomato, Swiggy Shares Rise Up To 9% To Hit …

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Dec 5, 2024  · At 11:15 am, Zomato shares were trading 3.67% higher at Rs 296.85 after hitting all-time high of Rs 299.4 earlier in the day. Bernstein also gave 'outperform' rating to Zomato …

moneycontrol.com

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Not A Rumour: Zomato Clarifies On Platform Fee Hike, Shares …

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Oct 24, 2024  · Brokerage CLSA raises Zomato target price to Rs 370, citing growth; Zomato's shares declined 3.51% to Rs 254.60 on the Bombay Stock Exchange after the company …

indiatoday.in

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CLSA Expects Zomato To Maintain Lead In Quick-Commerce

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Sep 3, 2024  · Looking ahead to FY26, Blinkit is expected to play a crucial role in Zomato’s financial performance, potentially contributing up to 37% of the company’s earnings per share. …

benzinga.com

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Blinkit Best Placed To Make Most Of Quick Commerce Boom: …

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Sep 3, 2024  · Following this, shares of Zomato jumped nearly 3.5% to INR 252.90 on the BSE during the intraday trading on Tuesday (September 3). However, the stock gave up some of …

inc42.com

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Zomato Shares Zoom 2% After CLSA Raises Target Price

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Feb 15, 2024  · 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 …

tradingview.com

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Zomato Shares Rise 2% As CLSA Maintains 'outperform

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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

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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 …

inc42.com

FAQs about ZOMATO CLSA - The Economic Times Coupon?

Is Zomato a 'high conviction' stock?

Hong Kong-based brokerage CLSA reiterated its 'outperform' rating on restaurant aggregator Zomato Ltd, adding the firm to its 'high conviction' list, amid the ongoing correction in the stock. CLSA also hiked the target price to Rs 400 per share, indicating a 64 percent upside from current levels. ...

Is Zomato (Zomato) a 'high-conviction outperformance' stock?

Shares of food delivery aggregator Zomato Ltd. will be in focus on Thursday, January 16, after brokerage firm CLSA added the stock to its "high-conviction outperformance" list. CLSA maintained its "outperform" rating on the stock and raised its price target to ₹400 from ₹370 earlier. ...

Is Zomato stock a 'outperform' stock?

Brokerage firm CLSA maintained its 'outperform' rating on Zomato stock and raised its target price to Rs 370 per share, citing robust levers for growth. With a price target of Rs 370, the international brokerage forecasts an upside potential of over 32 percent from the last close of Rs 280 on the National Stock Exchange. ...

Why did Zomato share price fall 4%?

Zomato share price fell nearly 4% after it confirmed a Rs 10 platform fee hike. Zomato's shares declined 3.51% to Rs 254.60 on the Bombay Stock Exchange after the company confirmed that the Rs 10 platform fee on its mobile app is not a rumor. ...

Will Zomato report a strong 38 percent adjusted revenue growth over fy24-26?

"With a dominant market share and strong growth in the food delivery business and Hyperpure, we expect Zomato to report a strong 38 percent Adjusted revenue CAGR over FY24-26," the brokerage said as it maintained its 'buy' rating on the counter with a target price of Rs 170 per share. ...

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. ...

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