The stock dived 10.81 per cent to hit a low of Rs 427.20. At this price, it has corrected 30.76 per cent from its record-high level of Rs 617, seen on December 23 last year.
Zomato Ltd (BOM:543320) reports strong store network growth and market share gains, but faces profitability pressures from quick commerce investments.
FY25 net profit fell 57 per cent YoY to Rs 59 crore due to increased costs from Blinkit’s rapid expansion. Market sentiment ...
Swiggy shares fell 10% during trading on January 21, impacted by a spillover effect after peer Zomato reported ...
Shares of Zomato fell over 10% after reporting a 57% YoY drop in Q3 net profit, mainly due to increased spending and ...
It was a double whammy for Zomato as the food delivery and quick commerce businesses disappointed in Q3. Are the quarterly ...
From Donald Trump taking oath as US president to Zomato shares tanking post Q3 results — Here are the top 11 news stories ...
For the October-December quarter, the company's consolidated net profit slumped 57 per cent on-year to Rs 59 crore as against ...
Zomato shares dip 8.7% as Q3 FY25 profit falls by 57.2%. Explore what brokerage houses have to day post quarterly results.
The shares of the food delivery platform witnessed a sharp plunge of over 10% on Tuesday as investor sentiment dampened after ...
Swiggy is witnessing an impact from Zomato's quarterly results, which were reported on Monday. Zomato shares are also down 9% ...
Editor-in-chief Nikunj Dalmia has said that Zomato is a stock which has been a ranked outperformer. It is a stock which ...