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Zomato users get new 'Delete' feature after wife found husband making late-night orders
Zomato's Delete Order feature, announced by CEO Deepinder Goyal on X, originated from Karan Singh's 2023 viral plea. Singh's post humorously revealed how his inability to delete his order history had led his wife to discover his penchant for late-night snacks. His message was simple yet dramatic: "Bye bye Zomato or make me delete order history."
Hot Stocks: Brokerage take on TCS, Zomato, Federal Bank, ABB, Vedant Fashions and Prestige Estates
Jefferies upgraded TCS post Q1 earnings, increasing its target. UBS reviewed Zomato, Federal Bank, and ABB India. Morgan Stanley reaffirmed 'Buy' for Prestige Estates, while Axis Capital downgraded Vedant Fashions.
Zomato shares up 1.2% as Nifty drops
A total of 482,268 shares changed hands on the counter till time (IST).
Zomato celebrates 16th birthday with Gold membership for 6 months at just Rs 30
The Zomato ad featured a large photograph of its founder and CEO, Deepinder Goyal, along with smaller images of the company's top executives. The text, written in Hindi, expressed gratitude to customers: “16th janamdin par aap sabhi ko apna pyar barsane ke liye koti koti dhanyavaad” (On our 16th birthday, a big thanks to all of you for showering us with love).
Zomato, IRFC among 5 largecap stocks that hit fresh 52-week highs on Tuesday
Indian benchmark equity indices NSE Nifty50 resumed its rally to all-time highs after two sessions, led by car maker Maruti Suzuki. Meanwhile, in Tuesday's trading session, five largecap stocks from the Nifty 200 index hit new 52-week highs. Here's the list:
Affle India shares jump 7% after Citi initiates Buy rating, sees 17% upside
Affle (India) shares surged 7% to Rs 1,461.1 on BSE after Citi initiated a 'Buy' rating with a target price of Rs 1,600, suggesting a 17% potential upside. Citi expects Affle to benefit from rising mobile-ad budgets in India and EM.
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Zomato, Paytm among 7 stock ideas from StoxBox likely to give 4-9% returns in short term
In a market that is moving upwards swiftly, it can become difficult to assess the stocks that can give excellent returns for investors. Making well-informed investment decisions can greatly improve one’s portfolio's performance. The carefully curated list from Stoxbox combines both technical and fundamental analysis to identify stocks with strong growth potential. Here is a list of top 7 stock ideas from Stoxbox:
Buy Zomato, target price Rs 250: JM Financial
Zomato Ltd., incorporated in the year 2010, is a Small Cap company (having a market cap of Rs 182957.59 Crore) operating in Services sector.
Zomato shares gain 0.16% as Sensex rises
A total of 498,354 shares changed hands on the counter till 11:57AM (IST)
JM Financial cuts Zomato's target price by 8% on ESOP costs
JM Financial has lowered Zomato's target price to Rs 230 from Rs 250, noting that ESOP costs are no longer considered one-off expenses following the approval of a new policy. The formulation of this policy indicates that ESOP costs will be treated as regular business expenses, expected to recur.
Momentum Pick: Will Zomato's 21% returns over a month and technical breakouts trigger another leg of rally?
Zomato shares surged 21% since June 4, outperforming the Sensex's 11% rise. Analysts predict up to 20% additional gains. The stock hit a 52-week high of Rs 213.80, closing at Rs 208.15. Momentum indicators show shares trading above 50 and 200-day SMAs with a 1-year beta at 0.6. Axis Securities noted sustained buying activity and net profit.
Zomato shares up 1.76% as Nifty gains
A total of 1,029,681 shares changed hands on the counter till time (IST).
Stocks in news: YES Bank, DMart, Kotak Bank, Zomato, Hindustan Zinc
Indian markets corrected impacting shares of YES Bank, DMart, and Kotak Bank. Despite this, Zomato and Hindustan Zinc were affected, with DMart reporting increased revenue. Additionally, HDFC Bank's weight in the index may increase, as YES Bank reported growth in loans. Force Motors sales declined, KEC International secured new orders, and IEX saw an increase in electricity volume.
Share market update: Most active stocks in today's market in terms of volume
The NSE Nifty index closed 18.11 points down at 24123.85
Share market update: Most active stocks on D-Street today in terms of volume
The NSE Nifty index was trading 27.55 points up at 24169.5
Zomato shares up 1.32% as Nifty drops
A total of 1,805,623 shares changed hands on the counter till time (IST).
Share market update: Most active stocks in today's market in terms of volume
The NSE Nifty index closed 131.36 points up at 24141.95
Better to own a set of stocks from the digital ecosystem rather than betting on one stock? 15 stocks with upside potential of upto 48%
Few day’s back there was an issue with the telecom provider and the services stopped for some time. Now which would be the companies which got impacted the most, the telecom service provider, the answer is no. As a customer one would not get any reduction in the monthly billing because services were down for some time. The companies which may have got impacted would be a platform company on which one orders food, such as a swiggy or zomato. The reason, in the peak time of demand, a customer is not able to order food online due to internet service being down, that demand will not come back when the internet is back. But the other platform company which sells insurance was also not impacted. The reason is, if one was planning to buy an insurance policy and there is no internet, the demand will get postponed not get extinguished. The digital ecosystem is making things simple but it is yet complicated when it comes to investing.
Zomato growing faster than Swiggy, says CLSA with target price of Rs 248
Global brokerage firm CLSA has set a target price of Rs 248 per share for Zomato, acknowledging its lead over IPO-bound Swiggy. In its annual results release, Prosus, with a 32.7% stake in Swiggy, revealed that Swiggy's overall GOV growth, encompassing food delivery, quick commerce, and dining out businesses, was 26% YoY, while Zomato achieved a 31% YoY growth.
Share market update: Most active stocks in today's market in terms of volume
The NSE Nifty index closed 183.46 points up at 23721.3
Hot Stocks: Brokerage view on Havells India, Apollo Hospitals, Zomato and TBO Tek
Top brokerage firms like Jefferies, Kotak Securities, and Goldman Sachs have issued ratings and targets for Havells India, Apollo Hospitals, and TBO Tek.
Zomato shares rise 1.0% as Nifty drops
The stock quoted a 52-week high price of Rs 207.3 and a 52-week low of Rs 72.55.
10 BSE 100 stocks turned multibaggers in one year but Zomato, Trent beat them on this parameter
According to Ace Equities data, Trent leads the pack with a 213% return in one year and a beta of 0.70. Zomato, the food delivery platform, and Bajaj Auto, the two-wheeler company, yielded 162% and 107% respectively, with one-year betas of 0.78 and 0.42.
Zomato shares rise 2.54% as Nifty gains
The stock quoted a 52-week high price of Rs 207.3 and a 52-week low of Rs 72.55.
Goldman Sachs sells 44.20 lakh shares worth Rs 183 crore in Paytm via block deal
As per the shareholding data of One 97 Communications, Goldman Sachs Singapore held 84,01,067 shares or 1.32% stake in the fintech payment platform. Paytm shares on Tuesday settled in the red, breaking their two-sessions winning streak.
Buy Zomato, target price Rs 250: JM Financial
Zomato Ltd., incorporated in the year 2010, is a Small Cap company (having a market cap of Rs 164259.65 Crore) operating in Services sector.
Hot Stocks: Brokerage view on Zomato, M&M, Vedanta and Infosys
JPMorgan maintained an overweight rating on Zomato with a TP of Rs 208. The brokerage said Zomato has been successful in some acquisitions, like Uber Eats India, Runnr, and Blinkit, while Nomura maintained a buy rating on M&M and raised the TP to Rs 3,374.
Trent, BEL likely Nifty entrants in September rejig, trump Jio Financial, Zomato. Here's how
Trent and BEL are expected to enter Nifty in the September rebalancing of NSE indices, as per JM Financial estimates, which are based average free float market capitalisation.
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