Additionally, Jefferies sharply cut its EBITDA forecast for Blinkit, Zomato's quick-commerce arm, for fiscal years 2026-27.

Food delivery aggregator Zomato Ltd.'s shares were downgraded by Jefferies to 'hold' as it revised the target lower, citing ...

Shares of Zomato fell by 4.8% following Jefferies' downgrade of the stock from 'buy' to 'hold' and a 18% cut in the target ...

Jefferies believes that Zomato's valuations are not "excessively expensive" in the context of the strong execution and ...

Jefferies downgraded its call on Zomato Ltd., citing increasing competition in the quick-commerce space. While, Citi's top ...

In a groundbreaking step towards enhancing urban healthcare, Blinkit has launched a 10-minute ambulance service in Gurugram, ...

Zomato's CEO Deepinder Goyal commends Blinkit's innovative 10-minute ambulance service in Gurugram. Leveraging its hyperlocal delivery network, the service provides around-the-clock medical ...

Jefferies believes aggressive moves by incumbents and entry of new players in the QC space can result in higher discounting ...

Anand Rathi believes multiple players can co-exist in the quick commerce space. It initiated coverage on Zomato and Swiggy ...

Zomato CEO commended Blinkit’s 10 minutes Ambulance service , calling it a world-first that redefines the meaning of “quick” ...

After Zomato’s shares more than doubled in value in 2024, analysts at Jefferies predict that 2025 could be a breather year, with the stock likely shifting gears into a phase of price consolidation.

India ordered 1,85,17,980 Coca-Cola cans and 84,35,783 Thums Up bottles throughout the year. In a quirky order, someone ...