Rs 10,200 crore food bill! Zomato most bought stock of mutual funds in Q3
Mutual funds invested Rs 10,200 crore in Zomato shares in Q3, making it the most bought stock. Mutual fund holdings increased ...
Zomato added to CLSA’s 'High Conviction' list with Rs 400 target price, sees 64% upside potential
CLSA also hiked the target price on Zomato shares to Rs 400 apiece, indicating a 64 percent upside from current levels ...
Zomato, Swiggy rally up to 7% as global brokerages remain optimistic
Global brokerage JP Morgan believes that both Swiggy and Zomato are available at attractive prices for taking positions in ...
Zomato shares advance 7% as CLSA adds stock to ‘high conviction overweight’, raises target price to Rs 400
CLSA has reiterated its bullish stance on Zomato, adding the stock to its "High Conviction Overweight" list and raising the ...
Zomato shares down over 7%, extend fall to 23% in three weeks amid profitability concerns
Jefferies downgraded shares of Zomato to 'hold' last week, citing the sharp run-up in the stock through 2024 and concerns ...
The Financial Express1d
Swiggy, Zomato may cut back on food discounts
The burden of discounts has largely fallen on restaurants, which often pay 5–10% of order value for promotions to secure ...