Paytm’s shares jumped 5% after announcing plans to sell its entertainment ticketing business to Zomato. When trading opened on August 21, Paytm’s stock price on the National Stock Exchange rose 5.3% to Rs. 604.7 per share compared to the previous day’s close. Within minutes, the gains were reduced, and the share price settled at Rs….
Read More “Paytm Sells Entertainment Ticketing Business to Zomato for Rs. 2,048 Crore” »
The international brokerage Morgan Stanley has maintained its “Overweight” rating for Zomato, with a target price of ₹278 per share, indicating a nearly 8% increase from the previous closing price. With great June quarter numbers to support it, Zomato has seen an incredible 46 percent increase since May. This positive prognosis follows. Morgan Stanley is…
LazyPay, the credit service by PayU, India’s leading digital financial services provider, is thrilled to announce the launch of its latest product line – Gift Cards, a comprehensive one-stop solution for gift vouchers. LazyPay’s Gift Cards offer vouchers from 150+ popular brands across multiple categories including shopping, travel, fashion, food, electronics, groceries, and more. With…
Read More “LazyPay Launches Gift Cards, Offering a One-Stop Solution for Gifting” »
Zomato share price- The massive online meal delivery company Zomato Ltd.’s June quarter results exceeded expectations in a number of areas. The Zomato management set a goal to raise Blinkit’s dark store count from 639 at the end of the June quarter to 2,000 by the end of CY26. They also guided for a growth…
Zomato shares: A day after the meal delivery aggregator announced it was raising its platform fee to ₹6 from ₹5, Zomato’s share price soared over 4% to reach a 52-week high on Monday’s session. The expected outcome of the new platform fees, which are set to be introduced in certain cities such as Bengaluru and…
Read More “Zomato’s shares soar 83% in 2024, making Deepinder Goyal a billionaire as a result” »
Foreign stockbroker CLSA stated that Zomato Ltd., a public firm, is expanding more quickly than Swiggy on important metrics and has maintained its ‘Buy’ recommendation on the stock, with a target price of Rs 248 per share. Swiggy’s entire gross order value (GOV), which includes food delivery and quick-commerce, climbed 26% YoY in FY24, according…
 Zomato shares: Due to concerns about its near-term profitability, Zomato Ltd.’s estimate of adding 500 new stores in FY25 was viewed as aggressive, resulting in a 6% decline in the company’s shares on Tuesday. Nonetheless, analysts still favor the stock and set price targets between 225 and 300. While cutting EPS expectations by 5–22% for…
In early trade on Friday, Zomato share price increased by more than one percent, continuing its upward trend for the sixth straight day. On the BSE, Zomato shares increased by as much as 1.49% to reach a new all-time high of ₹199.75 per share. The Zomato share price increased today as a result of JM…
Shark Tank India 3:Â Shark Tank India’s third season has generated a lot of excitement thanks to its intriguing pitches, unexpected proposals, and incredible deals. Shark Tank India’s third season has generated a lot of excitement thanks to its intriguing pitches, unexpected proposals, and incredible deals. Shark Tank India showcased an additional intriguing product and…
After the introduction of the “Pure Veg Mode” sparked intense debate on social media platforms, Zomato has decided to drop the green dress code for riders carrying only vegetarian food. Deepinder Goyal, the founder and CEO of Zomato, used social media to respond to criticism and share the decision. The CEO stated, “We have decided…
