Zomato Shares Surge 3% As Brokerages See Continued …

Zomato has continued to gain market share from Swiggy from FY22 to 1QFY25, aided by its …

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Zomato Shares Surge 3% As Brokerages See Continued …

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Zomato has continued to gain market share from Swiggy from FY22 to 1QFY25, aided by its …

msn.com

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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 …

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Zomato Shares Surge 3% As Brokerages Gave Thumbs Up To

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Zomato’s shares were back in the black after four sessions of losses as brokerages were …

msn.com

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Zomato Shares Jump 3% As UBS Reaffirms Buy; Multibagger

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Sep 12, 2024 · Zomato shares price jumped over 3 percent, nearing record highs, as UBS …

moneycontrol.com

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Zomato Shares Can Rally Upto 40% From Here, Say Brokerages

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Feb 9, 2024 · Brokerages remain upbeat on Zomato post the food delivery major posted its Q3 …

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Zomato’s 260% Stock Surge Has Analysts Scrambling To Catch Up

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Apr 15, 2024 · At least five brokerages have lifted their estimates for the shares in just the past …

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Zomato Shares Surge 3% As Brokerages See Continued …

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Oct 18, 2024 · Shares of food delivery giant Zomato were soaring by more than 3% in the …

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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 …

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Zomato Shares In Focus As Sensex Entry Likely To Attract $513 …

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Dec 23, 2024 · Zomato shares are in focus on Monday as the food delivery giant becomes the …

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FAQs about Zomato Shares Surge 3% As Brokerages See Continued … Coupon?

Why did Zomato shares surge in Q2?

Zomato shares surge as bullish brokerages highlight strong Q2 results, with Motilal Oswal seeing 28% upside potential. ...

Why were Zomato shares back in the Black?

Zomato’s shares were back in the black after four sessions of losses as brokerages were upbeat on the company’s fundraising plans. What Happened: Zomato on Thursday said its board will meet on October 22, Tuesday to consider and approve raising funds through a qualified institutional placement (QIP). ...

What brokerages say about Zomato stock?

Here's what brokerages Morgan Stanley, Credit Suisse and BofA-ML say. Zomato shares plunged on Friday, a day after the food aggregator reported its financial results for the October-December period. The Zomato stock finished the day down 6.1 percent at Rs 88.8 apiece on BSE, having fallen as much as 9.2 percent during the session. ...

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 'overweight' stock?

Here's what brokerages say: The brokerage maintained a 'buy' rating on Zomato with a target price of Rs 115. The company's quarterly numbers were disappointing with a miss on the revenue front, and its costs remain elevated, according to BofA-ML. The brokerage retained an 'overweight' call on Zomato with a target price of Rs 120. ...

Why did Zomato's share price rally in Wednesday's trade?

Zomato's share price rallied in Wednesday's trade amid global brokerages optimism for the food services aggregator.Even as the food delivery services major Swiggy's Quick Commerce business came out with decent guidance expecting to be adjusted EBITDA positive by FY26 on a consolidated level, global brokerages continue to be positive on Zomato. ...