Zomato has cut 600 jobs (customer service representatives) within a year of hiring. The layoffs came as Zomato faces challenges in its food delivery business and losses in Blinkit.

Analyst revisions kept stocks of Zomato, Biocon, and ONGC in focus on Monday. While Zomato’s share price was down by ... reduced Blinkit’s EBITDA forecast for FY26-27 and halved its target ...

8 min read. Updated: 24 Feb 2025, 08:04 PM IST ...

"Zomato is a dominant player in the industry and we forecast the company to report 29% revenue CAGR over FY23-25," it said. Zomato acquired the quick-commerce start-up Blinkit in August 2022.

According to Nuvama, Zomato reported strong Q1FY24 results which were much ahead of expectations. Strong GOV/revenue growth in Q1FY24 along with guidance of more than 40 per cent YoY growth in ...

Stock market today: Shares of India's two leading food delivery aggregators—Zomato and ... at ₹332 per share. The crash has also pushed the stock to trade below its IPO price of ₹390 apiece.

Zomato and Jio Financial Services will ... SBI Mutual Fund has bought a 0.5% stake in the pharma company at an average price of Rs 4,680 per share, from the Samprada & Nanhamati Singh Family ...

The stock hit a low of ₹326.50 in today’s trade. On Zomato, it has assigned neutral rating from the previous buy at a revised target price of ₹250 per share. The brokerage emphasised that ...

Former BharatPe Co-founder and managing director Ashneer Grover said on Tuesday that Zomato ... share as Income Tax, than what you can buy today from the market freely. At Rs 56 per share price ...