Global brokerage firm Jefferies has downgraded Zomato's shares to 'hold' as it revised the target lower, citing increasing competition as a threat to the online food aggregator’s profitability.
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 aggressive moves by incumbents and entry of new players in the QC space can result in higher discounting ...
ITC Ltd recorded a delivery volume of 1.4 crore shares, with a delivery percentage of nearly 60%. The total volume stood at ...
In this edition of Traders' Diary, the Zee Business research team shares exclusive research on 20 stocks that investors and traders can track on Tuesday, January 7, 2025. Check out the complete list ...
Nifty looks for support at lower levels after a ₹10 lakh crore wipeout on Monday. Find out more about the market and the ...
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.
Anand Rathi believes multiple players can co-exist in the quick commerce space. It initiated coverage on Zomato and Swiggy ...
Shares of several companies including IGL, Zomato, Biocon, Hyundai Motor, and Blue Star, among others, will be in the news ...
Check out the latest brokerage calls and analyst comments on the stocks in action today. Our coverage includes IGL, Titan, ONGC and more.
Indian benchmark indices Nifty 50 and Sensex ended the previous trade session in the red. Nifty 50 closed at 23,616.05, while ...
In conclusion, the SBI Cashback credit card is among the most useful cards on the market, particularly for users who frequently perform online transactions. It could be Flipkart, Amazon, Zomato, ...