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Zomato shares jumped over 7% on Thursday, climbing to an intraday high of Rs 261.50 after global brokerage firm JPMorgan raised the company's target price to Rs 340 from Rs 208, maintaining an ...
Sep 11, 2024 · In Short. Shares of Zomato surged 5% in early trade on Wednesday, hitting a 52-week high of Rs 281.40 amid expectations of strong earnings growth and ongoing positive momentum for the company. Over the last five sessions, Zomato's stock has surged 15.5%, driven by increased investor confidence and strong trading volumes.
- Business
Aug 20, 2024 · Stock hit a low of Rs 257.10 with high trading volume. Zomato Ltd shares dropped nearly 2% on Tuesday amid reports that China's Antfin Singapore Holdings offloaded a 1.54% stake in the food delivery giant through block deals. The food delivery giant’s stock hit a low of Rs 257.10 on the BSE, marking a 1.98% decline, with a significant surge ...
- Business
Dec 24, 2023 · Zomato’s share price jumped 6% in a month following the announcement of its adjusted EBITDA profitability, helping its market capitalisation cross the $7-Bn mark from about $6 Bn at the end of 2022.
Jul 23, 2021 · Zomato’s shares surged to a high of Rs138.90 ($1.87) on the National Stock Exchange of India from their issue price of Rs76 in early trading on Friday, valuing the lossmaking company at about $12bn.
- Benjamin Parkin
By HT News Desk. Mar 01, 2024 04:01 PM IST. Zomato share price: Zomato stock breached an all-time high record and traded at ₹173.50 a piece at peak. Zomato share price: Zomato share price ...
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May 22, 2023 · BofA Securities upgraded the stock’s rating from ‘neutral’ to ‘buy’ with a price target of ₹85. Goldman Sachs also maintained its ‘buy’ rating for the stock with a price target of ₹82. Price Action: Zomato’s share price was up 1.78% to trade at ₹65.65 as the markets opened on Monday.
