Zomato Shares Rise Ahead of December Quarter Results
With Paytm turning an operating profit in the third quarter, all eyes are now on Zomato’s October-December 2022 quarterly results to see if the new-age...
Tag : Zomato
Zomato Falls 15%, Hits Lowest Level Since July 2022 on Heavy Volume
Shares of food aggregator platform Zomato plunged 15% in intraday trade on Wednesday, touching a six-month low of Rs 44.35 on the BSE. The stock...
Zomato Falls 4% as Co-Founder, CTO Gunjan Patidar Exits Company
Shares of Zomato fell 4% to Rs 57.65 on the BSE in intraday trade on Tuesday after the food aggregation platform company said in a...
Adani Effect Makes India World’s Best Performing Stock Market in 2022
India is set to be one of the world’s best-performing major stock markets this year, defying concerns about rising interest rates and an economic slowdown...
Co-Founder of Zomato, Mohit Gupta Resigns
Mohit Gupta, the co-founder of Zomato, has resigned; he has updated his post. He joined the company four-and-a-half years ago and was promoted as a...
Zomato Shares Surged 10% as Q2 Loss Shrinks
On Friday, Zomato shares surged over 10% in the morning trade after the company affirmed its September quarter earnings. On 10th November, Zomato said its...
Nykaa Shares Fall as One-Year Lockup Period of Pre-IPO Investors Ends
On Wednesday, shares of FSN E-Commerce Ventures, owning beauty retailer Nykaa, slumped more than 8% just after the one-year lock-up period on pre-Initial Public Offering...
Zomato Slips Over 8% in Three Days
On Monday, Zomato tumbled 4.61 per cent to Rs 57.95, extending losses for the three consecutive trading sessions. The share of Zomato lost 8.67 per...
Zomato Won’t Change its Name to Eternal, Says CEO
Weeks after releasing an internal memo with his employees discussing internally rebranding the bigger Zomato business (post-acquisition of Blinkit) as “Eternal,” Zomato’s founder and CEO...
Sequoia Sells Part of Pre-IPO Zomato Stake, Reducing Stake to 4.4%
Sequoia Capital India has sold part of its pre-IPO stake in Zomato on the open market, reducing its stake in Zomato to 4.4%. In a...
