Zomato share price today

Meeting Date Announced on Purpose Details May 19, 2023 May 10, 2023 Board Meeting Audited Results Feb 09, 2023 Feb 01, 2023 Board Meeting Quarterly Results Nov 10, 2022 Nov 02, 2022 Board Meeting Quarterly Results Aug 01, 2022 Jul 25, 2022 Board Meeting Quarterly Results Jul 27, 2022 Jun 27, 2022 POM - • About Zomato Zomato Ltd., incorporated in the year 2010, is a Small Cap company (having a market cap of Rs 64,223.60 Crore) operating in Services sector. Zomato Ltd. key Products/Revenue Segments include Service Revenue, Other Operating Revenue and Royalty Income for the year ending 31-Mar-2022. For the quarter ended 31-03-2023, the company has reported a Consolidated Total Income of Rs 2,226.50 Crore, up 4.94 % from last quarter Total Income of Rs 2,121.60 Crore and up 64.93 % from last year same quarter Total Income of Rs 1,350.00 Crore. Company has reported net profit after tax of Rs -187.60 Crore in latest quarter. The company’s top management includes Mr.Kaushik Dutta, Mr.Deepinder Goyal, Mr.Douglas Lehman Feagin, Mr.Sanjeev Bikhchandani, Ms.Aparna Popat Ved, Mr.Gunjan Tilak Raj Soni, Ms.Namita Gupta, Mr.Sutapa Banerjee, Mr.Akshant Goyal, Ms.Sandhya Sethia. Company has Deloitte Haskins & Sells as its auditors. As on 31-12-2022, the company has a total of 855.17 Crore shares outstanding. Show More As per Refinitiv (erstwhile Thomson Reuters), overall mean recommendation by 26 analysts for Zomato stock is to Buy. Recommendation breakup is as follows • 12 analysts are re...

Zomato's revenue in Q4FY23 rose 69.66% to Rs 2,056 crore for the quarter compared with Rs 1,211.80 crore in the corresponding quarter last year. With the cash burn reducing every quarter due to improvement in financial performance, things are looking better than estimated for Zomato, as per experts Zomato outlook positive Another reason for the rally in Zomato is news reports stating there will be revision of discounts at the Open Network for Digital Commerce (ONDC). ONDC had reportedly revised its incentive scheme for network participants to reduce the dependency on discounts for adoption No immediate threat from ONDC According to share market analysts, Technically, the structure of Zomato stock looks lucrative for long-term investors. The stock has been highly volatile and has traded with a 1-year beta of 1.45, according to Trendlyne. Several top brokerages including Goldman Sachs and Emkay Global has a 'buy' rating on the stock with a target price of up to Rs 94 Should you buy Zomato shares? Nuvama Institutional Equities has a target of Rs 94 on Zomato stock. Meanwhile, Motilal Oswal sees the stock at Rs 80. It said Zomato’s food delivery performance has been underwhelming in recent quarters, but the company has delivered a strong turnaround in profitability over the period Zomato share price target Morgan Stanley has an 'Overweight' rating on Zomato shares with a target price of Rs 85, and CLSA has a 'buy' call on the counter with a target price of Rs 80. Citi, Jefferi...

Zomato Share Price Today: Shares of Zomato Ltd hit a fresh one-year high with the stock surging nearly 53 per cent in the last two months. The stock trades above its issue price of Rs 76 a share. Zomato shares bottomed out at around Rs 50 apiece levels at the end of March 2023 or FY23, and since then it has remained in uptrend hitting 52-week high on a regular basis. The stock hit a high of Rs 77.35 a share - a level last seen on April 26, 2022. At 1pm, the stock was trading at Rs 77 on the BSE, up 1.64 per cent from its previous close. The stock has gained nearly 53 per cent since March. It is still down 52 per cent lower from its record closing high of Rs 160.30 hit on November 15, 2021. In the past one month, the stock has rallied 27 per cent on improved operational performance. It was trading at its highest level since June 2022, and has bounced back 91 per cent from its record low level of Rs 40.55, touched on July 27, 2022. Investors are buying the stock because of a series of positive factors like improvement in earnings and recent addition of the stock by Chris Woods of Jefferies in its long portfolio to two of his long-only portfolios, assigning a weight of 4 per cent each. The firm had earlier reported a narrower loss in the March quarter which analysts viewed positively. Net loss of Zomato narrowed to Rs 188 crore from Rs 360 crore a year ago and Rs 345 crore a quarter ago. Consolidated revenue for Zomato increased a whopping 70 percent on-year to Rs 2,056 crore...

• Home • Karnataka Election 2023 • Budget 2023 • Market • Indices • Nifty 50 • Sensex • CaFE Invest • Commodities • IPO NEWS • Investing Abroad • IPOs • Economy • Tech • Auto • SME • Mobility • Industry • Banking & Finance • Education • Money • Insurance • Income Tax • Mutual Funds • Blockchain • Infrastructure • Railways • Aviation • Roadways • India • Defence • Lifestyle • Travel & Tourism • Health • Science • Healthcare • Brand Wagon • Entertainment • Events • Jobs • Sports • IPL 2023 • Multimedia • Photos • Videos • Audio • Web Stories • Auto Web Stories • Infographics • ePaper • Today’s Paper • From The Print • International • Edits & Columns • Opinion • FE 360 • Politics • Economy • Personal Finance Print • Front Page • FE Insight • Fe@Campus • archive Zomato share price fell as much as 4.7 per cent to Rs 82.15 apiece on BSE in intraday deals on Tuesday, after the Competition Commission of India (CCI) initiated investigation on its and Swiggy’s business practices. Zomato stock has been underperforming headline indices for the last three months. On-year to date basis, it has tumbled 41 per cent, as compared to a rise of 2 per cent in BSE Sensex, and 2.09 per cent in NSE Nifty 50. “We believe that we can expect a bounce back in the stock. Company has been trying to generate new avenues which would in turn increase the revenue streams and hence we expect that we will see a bounce back in the stock prices in the short term,” Likhita Chepa, senior Research analyst at Capi...

Zomato Ltd. engages in the business of operating as an internet portal which helps in connecting the users, restaurant partners, and delivery partners; provides platform to restaurant partners in advertising to target audience; and supply high quality ingredients. It operates through the following segments: India Food Ordering and Delivery; Hyperpure; and All Other. The India Food Ordering and Delivery segment focuses on online platform through facilitating food ordering and delivery of the food items by connecting the end users, restaurant partners, and delivery personnel. The Hyperpure segment is involved in farm-to-fork supplies offering for restaurants. The company was founded by Pankaj Chaddah, Gunjan Patidar, Mohit Gupta, Deepinder Goyal, and Gaurav Gupta in 2008 and is headquartered in Gurgaon, India. Time Frame - Weekly *Study* - -- A rectangular Pattern Breakout with high volume -- Reversal pattern -- Good Volume -- Fundamentally little weak stock Target and Stop loss mentioned in Image Similar Study link below of Anupam Rasayan-- This Chart is only for educational purpose. Do your own st Time Frame - Weekly *Study* - -- A rectangular Pattern Breakout with high volume -- Reversal pattern -- Good Volume -- Fundamentally little weak stock Target and Stop loss mentioned in Image Similar Study link below of Anupam Rasayan-- This Chart is only for educational purpose. Do your own st Can look at Zomato if it closes above 57 with a strong price action for a short/medium ...

Zomato share price: On Monday, a total of 24.46 lakh shares changed hands on BSE, which was lower than Zomato's two-week average volume of 34.20 lakh shares. The turnover on the counter stood at Rs 13.73 crore. The food aggregator commanded a market capitalisation (m-cap) of Rs 47,889.77 crore at the close. Shares of online food aggregator Zomato settled higher on Monday, snapping their four-day losing run. The stock rose 1.26 per cent to settle at Rs 56 apiece on BSE. Technical analysts see strong support for the stock at Rs 45 level. They see Rs 75 as a good level, where traders can book profits. On Monday, a total of 24.46 lakh shares changed hands on BSE, which was lower than Zomato's two-week average volume of 34.20 lakh shares. The turnover on the counter stood at Rs 13.73 crore. The food aggregator commanded a market capitalisation (m-cap) of Rs 47,889.77 crore at the close. At today's closing price of Rs 56, the scrip was up 38 per cent from its 52-week low of 40.55 on July 27, 2022. The stock traded below its 5-day, 20-, 50-, 100-and 200-day simple moving averages (SMAs). Zomato has an average target price of Rs 67, as per data publicly available with Trendlyne, suggesting an upside potential of 19.64 per cent. The stock's one-year beta stood at 1.67 per cent, indicating high volatility on the counter. Also Read |Â Technical analysts said the Zomato stock could see rangebound trading between Rs 45 and Rs 75 levels, with Rs 45 being good support. Investors, they sa...

Prior to this, Zomato Hyperpure Pvt Ltd (ZHPL), a material subsidiary of the company, approved the appointment of SR Batliboi & Associates LLP as statutory auditors of ZHPL. On the earnings front, Zomato narrowed its losses to Rs 188.20 crore during the March 2023 quarter compared with Rs 346.60 crore in the December 2022 quarter and Rs 359.70 crore in the same quarter last year. Revenue for the quarter (Q4 FY23) rose 69.66 per cent to Rs 2,056 crore for the quarter compared with Rs 1,211.80 crore in the corresponding quarter last year. At least five brokerages have given 'Buy' calls, suggesting a target price of up to Rs 105. "On the weekly chart, Zomato has formed a 'double bottom' pattern and successfully broken above its neckline at the Rs 75 level. This breakout indicates a positive trend in the stock price, presenting an opportunity for potential upward movement. The stock is well placed above 20-, 50- and 100-daily SMA indicating positive momentum. The weekly strength indicator RSI is holding above its reference line indicates positive momentum. The above analysis indicates an upside of Rs 83-90 levels," Axis Securities said. Kotak Institutional Equities revised its target price to Rs 95. Similarly, Nuvama Institutional Equities has revised the target price to Rs 94. "We expect Zomato to maintain its market leadership in the food delivery segment. Zomato's relaunch of its Gold membership plan should bring back growth. Meanwhile, improved profitability is a clear dem...

Zomato Limited is an India-based company, which operates as an Internet portal. The Company helps in connecting the users, restaurant partners and the delivery partners, and also provides platform to restaurant partners to advertise themselves to the target audience in India and abroad and supply of ingredients to restaurant partners. It provides restaurant partners with industry-specific marketing tools. The Company operates through three segments: India food ordering and delivery, Hyperpure and All other segments. India food ordering and delivery is the online platform through which we facilitate food ordering and delivery of the food items by connecting the end users, restaurant partners and delivery personnel. Hyperpure segment operates a one-stop procurement solution, Hyperpure, which supplies ingredients and kitchen products to restaurant partners. Hyperpure supplies offering for restaurants in India. The Company has combined and disclosed balancing number in all other segments.;

• Home • Karnataka Election 2023 • Budget 2023 • Market • Indices • Nifty 50 • Sensex • CaFE Invest • Commodities • IPO NEWS • Investing Abroad • IPOs • Economy • Tech • Auto • SME • Mobility • Industry • Banking & Finance • Education • Money • Insurance • Income Tax • Mutual Funds • Blockchain • Infrastructure • Railways • Aviation • Roadways • India • Defence • Lifestyle • Travel & Tourism • Health • Science • Healthcare • Brand Wagon • Entertainment • Events • Jobs • Sports • IPL 2023 • Multimedia • Photos • Videos • Audio • Web Stories • Auto Web Stories • Infographics • ePaper • Today’s Paper • From The Print • International • Edits & Columns • Opinion • FE 360 • Politics • Economy • Personal Finance Print • Front Page • FE Insight • Fe@Campus • archive Zomato share price fell as much as 4.7 per cent to Rs 82.15 apiece on BSE in intraday deals on Tuesday, after the Competition Commission of India (CCI) initiated investigation on its and Swiggy’s business practices. Zomato stock has been underperforming headline indices for the last three months. On-year to date basis, it has tumbled 41 per cent, as compared to a rise of 2 per cent in BSE Sensex, and 2.09 per cent in NSE Nifty 50. “We believe that we can expect a bounce back in the stock. Company has been trying to generate new avenues which would in turn increase the revenue streams and hence we expect that we will see a bounce back in the stock prices in the short term,” Likhita Chepa, senior Research analyst at Capi...

Zomato share price: On Monday, a total of 24.46 lakh shares changed hands on BSE, which was lower than Zomato's two-week average volume of 34.20 lakh shares. The turnover on the counter stood at Rs 13.73 crore. The food aggregator commanded a market capitalisation (m-cap) of Rs 47,889.77 crore at the close. Shares of online food aggregator Zomato settled higher on Monday, snapping their four-day losing run. The stock rose 1.26 per cent to settle at Rs 56 apiece on BSE. Technical analysts see strong support for the stock at Rs 45 level. They see Rs 75 as a good level, where traders can book profits. On Monday, a total of 24.46 lakh shares changed hands on BSE, which was lower than Zomato's two-week average volume of 34.20 lakh shares. The turnover on the counter stood at Rs 13.73 crore. The food aggregator commanded a market capitalisation (m-cap) of Rs 47,889.77 crore at the close. At today's closing price of Rs 56, the scrip was up 38 per cent from its 52-week low of 40.55 on July 27, 2022. The stock traded below its 5-day, 20-, 50-, 100-and 200-day simple moving averages (SMAs). Zomato has an average target price of Rs 67, as per data publicly available with Trendlyne, suggesting an upside potential of 19.64 per cent. The stock's one-year beta stood at 1.67 per cent, indicating high volatility on the counter. Also Read |Â Technical analysts said the Zomato stock could see rangebound trading between Rs 45 and Rs 75 levels, with Rs 45 being good support. Investors, they sa...