What Makes Rahul Arora Bullish On Zomato: Should You Invest? I NDTV Profit

Promoters held 0.0 per cent stake in the company as of 30-Jun-2024, while FII and DII ownership stood at 54.11 per cent and 12.52 per cent, respectively.

Share price of Zomato jumps as Sensex gains 911.99 points

The stock had rallied over 19% in the previous session to hit a lifetime high of Rs 278.45 per share on BSE.

Zomato Shares Drop Ending Six-Day Gaining Streak

The equity benchmarks experienced notable declines, breaking a five-day upward trend amidst a global sell-off. Key stocks included Zomato, which gained significantly, ITC, which saw slight losses, and Adani Wilmar, which increased. Analysts highlighted bullish trends in Zomato and Adani Wilmar, while ITC may see a pivotal move if it surpasses 500 levels.

Big movers on D-Street: What should investors do with ITC, Zomato and Adani Wilmar?

Buzzing Stocks Today, Stocks that will see action today: 5 August 2024 - Zomato, Infosys, JSW Steel, Adani, Power Mech Projects, Gland Pharma, SJVN, Ashoka Buildcon, Dee Development, Savita Oil, Jay Bharat Maruti, SBI

Stock that will see action today: 5 August 2024

Food delivery aggregator Zomato, which began charging platform fee on orders from last August, collected Rs 83 crore through the new levy till March, the company’s annual report has revealed.

Zomato collected Rs 83 crore in platform fee from customers till March

If stock prices are slaves to earnings in the long run then it makes sense on Dalal Street to look for a company that has reported robust financial results for the quarter ended June 30.

Zomato, Suzlon, PNB, Shakti Pumps: These 120 firms posted over 100% jump in profit in Q1. Should you buy?

Platform fee has been cited as one of the three key factors driving Zomato’s Adjusted Revenue, which grew 27 per cent year-on-year to Rs 7,792 crore in FY24. “Adjusted Revenue as a percentage of GOV (gross order value), continued to increase primarily due to increase in restaurant commission take-rates, improvement in ad monetization and introduction of platform fee from Q2FY24 onwards,”

Zomato Collected ₹83 Crore In Platform Fee From Customers Till March

The Indian market snapped a 5-day winning streak to close in the red on Friday, tracking muted global cues.The S&P BSE Sensex fell by more than 800 points, while the Nifty50 closed below the 25,000 level. Market Summary

Technical Breakout Stocks: How to trade Zomato, Gillette India, and Granules India on Monday - Market Summary

Zomato Stellar Q1 Beats Estimates: Growth Trajectory Is Solid, Blinkit Boost Numbers | Karan Taurani

A host of brokerages, including global and domestic, have initiated coverage on several stocks. They are bullish on companies such as Zomato, Muthoot Finance, Sansera Engineering, and CE Info Systems with a targeted upside of up to 30%. Here is a list of 7 stocks on which brokerages initiated coverage: Stock Watchlist

Brokerages initiate coverage on Zomato, 6 other stocks; see up to 30% upside potential - Stock Watchlist

Hasn't fared well - amongst the low performers

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Average profitability - not good, not bad

Profitability

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Zomato Limited (Zomato) is an India-based company that primarily operates as an Internet portal providing various information, including details of menus, contacts, discount offers, quality of service and food.

Zomato Ltd