Zomato – Mr Jatt

Q2 Results 2024 LIVE Updates: Zomato, Paytm, Bajaj Finance among 67 companies to post September quarter earnings today

October 22, 2024 by djsaavn_jvd36z

Q2 Results 2024 LIVE Updates: Around 67 companies will announce their earnings for the second quarter of FY25 today. The prominent names, such as include Bajaj Finance, One 97 Communications, the parent company of fintech major Paytm, Zomato, Adani Green Energy, Adani Energy Solutions, ICICI Prudential Life Insurance, M&M Financial Services and Varun Beverages, are … Read more

Swiggy IPO: How investors justify risky pre-listing trading

September 30, 2024 by djsaavn_jvd36z

India seems to have moved from the Coldplay ticket row to the pre-IPO investment gamble—Swiggy’s shares are being sold and re-sold for higher prices in the grey market. Investors have spent the last three years twiddling their thumbs, waiting for the younger half of India’s food-delivery duopoly to finally go public. And with Zomato’s stock, … Read more

Zomato share price extends decline for the fifth straight session. Opportunity to buy?

September 30, 2024 by djsaavn_jvd36z

Zomato share price declined over 2% on Monday, extending losses for the fifth straight session. Zomato shares fell as much as 2.19% to a low of ₹272.15 apiece on the BSE. In the past five sessions, Zomato shares have plunged more than 8%. Zomato shares hit a 52-week high of ₹298.20 apiece on September 24, … Read more

Breakout stock: Zomato share price sees range breakout; analysts expect up to 18% upside

September 13, 2024 by djsaavn_jvd36z

Zomato share price hit its record high level of ₹286.50 apiece in early deals on Friday, extending gains for the seventh straight session. However, Zomato shares cooled off from the high levels and declined over 2%. Zomato stock price has rallied over 7% in one week and has surged more than 50% in the past … Read more

Buy or sell: HUL, ITC & Zomato — Ganesh Dongre recommends three stocks for Monday

September 8, 2024 by djsaavn_jvd36z

Buy or sell: The Nifty index concluded the week at 24,852, settling comfortably within the anticipated support zone of 24,800-24,900. Throughout the week, the index demonstrated notable volatility, oscillating between 24,800 and 25,400. The consistent close above the key support level of 24,600 suggests that the bullish trend may persist, with the potential to test … Read more

Mint Primer | No way to tell a fake: AI images face reality check

August 22, 2024 by djsaavn_jvd36z

Zomato has stopped using AI-generated food images. Artists and several others have also come out against such images. While there might be a compelling case for AI-generated images in some instances, platforms have to ensure transparency. Mint explains: Why did Zomato ban AI food images? It was in response to customer complaints about artificial intelligence … Read more

Info Edge: Can JobHai.com replicate the success of Naukri.com?

August 13, 2024 by djsaavn_jvd36z

As white-collar recruitment shows signs of slowing down, Info Edge (India) Ltd management expects blue-collar hiring through JobHai.com to offer some respite. In the June quarter (Q1FY25), Info Edge’s recruitment business, which has the flagship brand Naukri.com, saw tepid revenue growth of 5.6% year-on-year to ₹472 crore with pre-tax profit dropping 3.4% to ₹255 crore. … Read more

Zomato stock price up 112% in 2024; should investors buy now?

August 6, 2024 by djsaavn_jvd36z

Global brokerage firm Nomura has increased its target price for Zomato to ₹280 from ₹225 while maintaining a ‘buy’ recommendation. This new target suggests a potential upside of over 9 percent. This comes after strong quarterly results for Q1FY25. Nomura highlighted Zomato’s significant growth potential and improving profitability in both its food delivery (FD) and … Read more