New Delhi: Shareholders of food and grocery delivery firm Zomato have cleared its plan to raise Rs 8,500 crore via a qualified institutional placement (QIP), the company said on Saturday …
Citing the rapid growth of the quick commerce (QC) economy, brokerage firm Bernstein has maintained its ‘Outperform’ rating on Zomato and revised its target price to Rs 330, suggesting an …
Shares of Zomato rose 4% on Thursday to reach a new all-time high of Rs 283.60 after global brokerage firm UBS maintained a buy rating on the stock with a …
Junior Nifty or the Nifty Next 50 has outperformed its smallcap and midcap index peers delivering 67% returns over one year, led by a solid performance across the board with …
Shares of Zomato rallied 7.6% on the BSE today, reaching an intraday high of Rs 261.50, after JPMorgan raised the stock’s target price to Rs 340 from Rs 208, while …
Dalal Street’s top stock picker and billionaire Raamdeo Agrawal of Motilal Oswal Financial Services, who has been bullish on quick commerce, has picked up stakes in IPO-bound Swiggy and another …
Following a sharp 17% rally in Zomato shares amid blockbuster results, the new-age stock could rally to Rs 292 in the near term, with a stop loss at Rs 252-240, …
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Zomato shares have rallied 21% since June 4, the day of election outcome, as against the 11% surge seen by the S&P BSE Sensex in this period, outperforming the latter …
While noting that Zomato is well ahead of IPO-bound peer Swiggy, global brokerage firm CLSA has a target price of Rs 248 per share on the new-age stock. Prosus, which …