Zomato share price plunges over 9% after Q3 PAT slumps 57% YoY. Time to buy or sell?
Zomato share price dropped over 9% following a 57.2% decline in Q3 net profit to ₹59 crore. The company reported a revenue of ₹5,405 crore, while total expenses surged to ₹5,533 crore, reflecting challenges amid rapid expansion and demand slowdown.
Zomato Share Price: Why This LargeCap Stock Nosedived By 13% After Q3, & Should You Buy?
The largest food delivery online company, Zomato Ltd share price witnessed massive selling pressure on Tuesday, January 21, after it reported mixed performance in Q3 of FY25.
Zomato crashes 8% as analysts downgrade stock following Q3 results
Market analysts are revising stock price targets downward for Zomato after the food delivery giant posted a mixed performance in the third quarter (Q3) of 2024. While Zomato posted modest growth in its core business, it exceeded margin expectations.
Zomato shares: Plunge 13% following Q3 results; brokerages foresee long-term gain
Shares of Zomato cracked 13 per cent to hit an intraday low of ₹207.80 on the NSE after the food delivery aggregator reported a 57.2 per cent decline in consolidated net profi t for the December quarter to ₹59 crore. The stock closed at ₹239.75 on the NSE on Monday.
Zomato Shares Tumble 10% Post Q3 Results: Here is Why
The shares of the food delivery platform witnessed a sharp plunge of over 10% on Tuesday as investor sentiment dampened after the Q3 results
Zomato Shares Plunge 13% After Earnings Miss Analyst Estimates
Shares of Zomato Ltd. slumped more than 13% on Tuesday after losses in the quick commerce segment caused the company’s earnings to fall short of analyst estimates.
Zomato shares crashed 15% after Q3 results: why analysts are divided
India’s food delivery giant, Zomato’s share price crashed after the company posted its earnings report for the quarter ended December earlier this week. Zomato’s stock has slumped over 15% this week.
Zomato shares continue to slump for 2nd day; plunge 12 pc
Shares of food tech unicorn Zomato plummeted 12 per cent in the morning trade on Tuesday after the food delivery aggregator reported a 57
Zomato, Paytm shares recover after recent selloff; here are stock price targets
In the case of Zomato, HSBC noted that aggressive store additions is leading to heightened losses and, hence, the recent ...
Zomato share price crash: Why have Zomato shares tanked over 30% from all time highs & what should investors do?
Shares of Zomato have plunged over 30% since early December 2024, mainly due to a 57% year-on-year drop in consolidated net ...
Zomato triggers another war: Big brokerages take big opposing views
Several analysts cut their target price on Zomato amidst rising competition. However, one reputed brokerage remains bullish ...
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Zomato Expands ESOP Pool With 4.17 Cr Stock Options
Based on Zomato’s stock closing price of INR 216.45 per share on Wednesday, the total value of these stock options is ...
The Financial Express1d
Could Zomato share price fall 44%? Macquarie say Yes. Here’s Why…
Zomato’s share price has fallen more than 17% in the past five trading sessions. It has fallen almost 24% in the last one ...
India Today on MSN2d
Explained: Why Zomato shares are down 10% and what investors should do
Zomato shares were trading 9.42% lower at Rs 218.25 at 10:22 am. Shares of the food delivery giant had also declined in the ...
Disappointing Q3 Results Send Zomato and Swiggy Stocks Tumbling
The Indian stock market witnessed a significant drop in the share prices of food delivery giants Zomato and Swiggy on Tuesday ...
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Zomato shares down over 23% in a month. Should you buy or avoid?
The food delivery giant's stock price has fallen over 14% in the previous two sessions and over 23% in the past month.