Stocks to watch: Zomato, Maruti Suzuki, ONGC, M&M Finance, L&T and more
Watch these stocks today: In December 2022, Maruti Suzuki India's volume of passenger vehicle production fell by 16.5% year over year.
Stay updated with the latest news and articles about Zomato.
Watch these stocks today: In December 2022, Maruti Suzuki India's volume of passenger vehicle production fell by 16.5% year over year.
This is a significant departure from the company after co-founder of Zomato Mohit Gupta left in November of last year following a four and a half year tenure.
Stocks to Watch Today: Zomato is rumoured to be the subject of a block deal on Wednesday.
According to a report with the exchange, its operating revenue increased by 62.20 percent, to Rs 1,661.3 crore, from Rs 1,024.2 crore in the same quarter last year.
Watch these stocks today: The focus of trading on Wednesday would be on shares of companies like Zomato, Nykaa, Blue Dart, Patanjali Foods, Hindustan Copper, BHEL and others.
Stocks to keep an eye on today: Friday's trading will centre on shares of companies like ACC, Ambuja, Zomato, ONGC, Hero Moto, and others.
As Goyal mentioned in the blog,” With our new launch ‘Intercity Legends’, no matter where you are, you can order and relish legendary dishes like baked rosogollas from Kolkata, biryani from Hyderabad, MysoPakpak from Bengaluru, kebabs from Lucknow, butter chicken from Old Delhi, or pyaaz kachori from Jaipur.”
Zomato is making its third try to dominate the supermarket market.
The target indicates a potential 18.56% decline from the closing price of Rs. 61.40 on Friday.
Zomato’s shares plummeted by 7% intra-day today on 19th August despite the announcement of the new venture by Blinkit.
Both the BSE and National Shares Exchange saw a 11.28% decline in the price of Zomato stock, to Rs 47 per share.
Edelweiss, a domestic brokerage and research firm, has maintained its positive stance on the stock based on the core business, citing the long growth runway and path to profitability.
Zomato stock also fell by 2.15 % even as the gross order value increased by 6% quarter on quarter. The company believes that the loss is short-term in nature and customers are increasing.
Food delivery giants Zomato and Swiggy on Wednesday witnessed a technical glitch at their servers during the rush of orders amid the lunch hour.
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