From ₹49 to ₹151: Zomato shares gain 200% in 11 months on turnaround in earnings
Zomato posted profit for the third consecutive quarter in Q3 FY24, driven by topline growth and rise in GOV across its businesses.
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Zomato shares jump 4% amid block deal buzz; Alipay Singapore Holding likely seller
Alipay Singapore Holding, an arm of Chinese e-commerce giant Alibaba’s affiliate Ant Group, is looking to sell its entire 3.44% stake in Zomato at a floor price of ₹111.28 apiece.
Zomato shares hit 52-week high; here's why
On a year-to-date basis, Zomato has gained 75%.
Zomato shares fall 4% after co-founder Gunjan Patidar resigns
Gunjan Patidar was one of the first few employees of Zomato and built the core tech systems for the company.
Zomato rebounds 6% from day's low post block deal; here’s why
Alibaba Group, which owns 13.3% stake in Zomato, reportedly sold shares worth $200 million in the company through a block deal today
Aswath Damodaran values Zomato at ₹35 per share
Zomato's ₹4,447 cr acquisition of quick commerce startup Blinkit raises questions about whether this growth is coming at a reasonable cost, says NYU professor.
Zomato cracks 12% to all-time low, Jefferies says 'great case' to buy
Jefferies has a 'buy' rating on Zomato with a target price of ₹100.
Zomato share halts four-session losing streak; rises 4%
Zomato share price has fallen 25% in the four sessions starting Monday after it announced the acquisition of instant grocery delivery firm Blinkit.
Zomato share falls 5% post deal to acquire Blinkit
Shares of Zomato fell 5.5% after the food delivery company announced to acquire e-grocery startup Blinkit for ₹4,447 crore in an all-stock deal.
Zomato board likely to approve Blinkit acquisition; stock rises 3%
The board of Zomato will meet on June 24 to discuss a potential acquisition of e-grocery startup Blinkit (formerly Grofers)
