Zomato, Shares Plunge

Zomato share price falls 5%, plunges 18% in 3 days. Is there more pain ahead for this new-age tech stock?
Falling for the third consecutive session, Zomato share price cracked 5 per cent in morning trade on the BSE on Wednesday, January 22.
Zomato Shares Extend Losses For Fourth Day, Plunge 5% To INR 203.80
Zomato's stock dropped 5.05% to INR 203.80, marking its fourth consecutive day of losses, with the share price declining over 12% in the last five trading sessions and now trading 31% below its 52-week high.
Zomato Shares Plunge 13% After Earnings Miss Analyst Estimates
Shares of Zomato Ltd. slumped more than 13% on Tuesday after losses in the quick commerce segment caused the company’s earnings to fall short of analyst estimates.
Zomato shares crashed 15% after Q3 results: why analysts are divided
India’s food delivery giant, Zomato’s share price crashed after the company posted its earnings report for the quarter ended December earlier this week. Zomato’s stock has slumped over 15% this week.
Zomato shares continue to slump for 2nd day; plunge 12 pc
Shares of food tech unicorn Zomato plummeted 12 per cent in the morning trade on Tuesday after the food delivery aggregator reported a 57
Zomato share price plunges over 9% after Q3 PAT slumps 57% YoY
Zomato share price dropped over 9% following a 57.2% decline in Q3 net profit to ₹59 crore. The company reported a revenue of ₹5,405 crore, while total expenses surged to ₹5,533 crore, reflecting challenges amid rapid expansion and demand slowdown.
inc421h
Inside The NRAI’s Battle Against Zomato, Swiggy’s 10-Minute Food Delivery
The restaurant body is also mulling legal action against both foodtech majors over the launch of 10-minute food delivery ...
7 in 10 believe private labelling by Zomato, Swiggy affecting their businesses: NRAI poll
About 70 per cent of people, who are part of the Indian hotel industry, believe that private labelling by the quick commerce ...
cnbctv1852m
Deepinder Goyal defends Bistro in a letter, says Zomato is not competing with restaurants
TV18, Goyal also wrote that reducing delivery times will significantly expand the market, and that it is looking at reducing ...
India's Zomato posts Q3 profit slump on stiff competition, store ramp-ups
By Ananta Agarwal and Ashna Teresa Britto (Reuters) -Indian food delivery major Zomato's third-quarter profit more than ...
Zomato, Swiggy extend downslide, slip 3% as quick commerce rivalry heats up
Zomato's disappointing Q3 earnings, driven by its aggressive expansion in the quick commerce segment, intensified concerns ...
Fortune India8h
It’s not just Zomato anymore; Swiggy, Nykaa, FirstCry, Trent feel the heat of competition
Mart, and Trent shares are down up to 35% from their 52-week high levels, while FirstCry has seen a correction of 69%.
India's Zomato misses Q3 profit estimate as store ramp-ups bite
India's Zomato reported a smaller-than-expected third-quarter profit on Monday as its margins continue to face pressure from ...
Zomato delivery agents earned 'fairly attractive' income of Rs 28,000 in 2024: Deepinder Goyal
Zomato CEO Deepinder Goyal said, 'Most of them prefer to work with us part-time to generate a secondary source of income for ...
cnbctv181h
NRAI looks at ONDC as serious alternative to fight Swiggy, Zomato dominance
NRAI has been in discussions with Swiggy and Zomato regarding issues arising from their entry into the dining-out business ...
India's Zomato's Q3 profit tumbles as store ramp-ups take a toll
India's Zomato reported a 57% fall in third-quarter profit on Monday as its margins continued to face pressure from increased ...
Zomato share price crash: Why have Zomato shares tanked over 30% from all time highs & what should investors do?
Shares of Zomato have plunged over 30% since early December 2024, mainly due to a 57% year-on-year drop in consolidated net ...