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Zomato Shares Extend Losses For Fourth Day, Plunge 5% To INR 203.80
Zomato's stock dropped 5.05% to INR 203.80, marking its fourth consecutive day of losses, with the share price declining over 12% in the last five trading sessions and now trading 31% below its 52-week high.
Zomato Shares Plunge 13% After Earnings Miss Analyst Estimates
Shares of Zomato Ltd. slumped more than 13% on Tuesday after losses in the quick commerce segment caused the company’s earnings to fall short of analyst estimates.
Zomato shares crashed 15% after Q3 results: why analysts are divided
India’s food delivery giant, Zomato’s share price crashed after the company posted its earnings report for the quarter ended December earlier this week. Zomato’s stock has slumped over 15% this week.
Zomato shares continue to slump for 2nd day; plunge 12 pc
Shares of food tech unicorn Zomato plummeted 12 per cent in the morning trade on Tuesday after the food delivery aggregator reported a 57
Zomato share price plunges over 9% after Q3 PAT slumps 57% YoY
Zomato share price dropped over 9% following a 57.2% decline in Q3 net profit to ₹59 crore. The company reported a revenue of ₹5,405 crore, while total expenses surged to ₹5,533 crore, reflecting challenges amid rapid expansion and demand slowdown.
5h
Zomato share price crash: Why have Zomato shares tanked over 30% from all time highs & what should investors do?
Shares of Zomato have plunged over 30% since early December 2024, mainly due to a 57% year-on-year drop in consolidated net ...
8h
Zomato, Swiggy extend downslide, slip 3% as quick commerce rivalry heats up
Zomato's disappointing Q3 earnings, driven by its aggressive expansion in the quick commerce segment, intensified concerns ...
1d
on MSN
'Zomato's loss of 15% in less than a day...': A top investor explains why stock's losing value
The quick commerce business added 216 stores this quarter, surpassing the 1,000-store milestone. Blinkit’s management now ...
Fortune India
5h
It’s not just Zomato anymore; Swiggy, Nykaa, FirstCry, Trent feel the heat of competition
Mart, and Trent shares are down up to 35% from their 52-week high levels, while FirstCry has seen a correction of 69%.
2d
on MSN
India's Zomato posts Q3 profit slump on stiff competition, store ramp-ups
By Ananta Agarwal and Ashna Teresa Britto (Reuters) -Indian food delivery major Zomato's third-quarter profit more than ...
4h
Zomato delivery agents earned 'fairly attractive' income of Rs 28,000 in 2024: Deepinder Goyal
Zomato CEO Deepinder Goyal said, 'Most of them prefer to work with us part-time to generate a secondary source of income for ...
20m
NRAI calls on restaurants to adopt ONDC to counter 10-minute delivery by Zomato, Swiggy
In a townhall meeting on Wednesday, the industry body said it is approaching the courts, the competition watchdog and the ...
2d
India's Zomato misses Q3 profit estimate as store ramp-ups bite
India's Zomato reported a smaller-than-expected third-quarter profit on Monday as its margins continue to face pressure from ...
20h
Disappointing Q3 Results Send Zomato and Swiggy Stocks Tumbling
The Indian stock market witnessed a significant drop in the share prices of food delivery giants Zomato and Swiggy on Tuesday ...
4h
on MSN
Despite shaky Q3 earnings, why Pankaj Murarka is gung-ho on Zomato, Paytm
Zomato is pursuing an aggressive strategy to maintain its leadership in the quick commerce space, despite the potential for ...
2d
on MSN
India's Zomato's Q3 profit tumbles as store ramp-ups take a toll
India's Zomato reported a 57% fall in third-quarter profit on Monday as its margins continued to face pressure from increased ...
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