A fresh buy will only be triggered if IREDA closes above Rs 173 on the daily chart. Zomato | Book Profits In the previous trading session, Zomato faced selling pressure near the Rs 230 mark.

Of course, Zomato is not the first consumer services (B2C) tech company to report a profit, but one cannot overlook the fact that food delivery has long been called a cash guzzler. Zomato’s ...

The Deepinder Goyal-led company capitalised on the revenue momentum in FY24 and seems poised to become a profit-making machine based on what we have seen this year. But it’s not just Zomato ...

If there’s one internet stock that’s been hot in the market, it’s Zomato. From food delivery to quick commerce, the company has positioned itself at the heart of India’s digital ...

Indian food delivery company Zomato has laid off almost 600 customer support associates within a year of hiring them. The decision is attributed to the company's slowing growth in food delivery ...

Stock hits Rs 189 as Rinshul Chandra resigns while Q3 net profit falls 57 per cent despite 65 per cent revenue growth Shares of food delivery major Zomato plunged as much as 9.99 per cent to an ...

Brokerage firm Kotak Institutional Equities has estimated a Rs 40.50-crore contribution to Zomato's profit or EBITDA from the introduction of a platform fee of Rs 2 per order.

Zomato reported a 57 percent year-on-year (YoY) decline in quarterly profit after tax (PAT) at Rs 59 crore in the third quarter (Q3) of financial year 2024-25 (FY25), down from Rs 138 crore in the ...

Indian foodtech giants Swiggy and Zomato both house Domino’s in their list of restaurants to order from, but it seems the aggressive growth plans of the two delivery firms will leave Domino’s ...

We recommend booking profits in Zomato to safeguard gains and mitigate potential downside risks. A fresh buy will only be triggered if Zomato closes above Rs 230 on the daily chart. Currently ...