HSBC
Zomato shares surged over 4% in early trading today after brokerage HSBC reaffirmed its 'buy' rating, citing the company's lead over Swiggy in growth and profitability across its food delivery and quick commerce segments.The͏͏ stock͏͏ rose͏͏...
Zomato among Jefferies’ top picks for next five years, anticipates 2.5X share price increase by 2029
Zomato has secured a spot among Jefferies' "top picks" for the next five years, with the brokerage predicting a 2.5X increase in the foodtech startup’s share price by March 2029.Jefferies anticipates Zomato's stock to climb to...
Breaking News
Zomato shares surge 6.2% after robust Q3 earnings; touches fresh 52-week high
Following robust Q3 FY24 earnings, shares of foodtech major Zomato surged as much as 6.2% during intraday trading on Monday (February 12), touching a...
Zomato allots 10.88 Crore equity shares for employee stock options ahead of Q3 FY24 earnings
Foodtech giant Zomato has allocated 10.88 crore equity shares under its multiple employee stock option plans (ESOPs) ahead of its Q3 FY24 earnings.Zomato announced...
Jubilant Foodworks to acquire remaining 45.33% stake in DP Eurasia through 85.1 Million Euro open offer
Jubilant Foodworks Ltd on Tuesday said it plans to acquire the remaining 45.33 per cent shares of DP Eurasia, the exclusive master franchisee of...
Motilal Oswal Mutual Fund divests 4.5 Cr Zomato shares in INR 621 Cr block deal
Motilal Oswal Mutual Fund initiated an open market transaction on Monday, shedding 4.5 crore shares of the leading foodtech company Zomato.According to data from...
Zomato’s stock dips 3% following INR 622 Cr block deal transaction
Zomato's stock experienced a nearly 3% decline in early Monday trading, following a block deal involving approximately 4.5 crore shares of the food delivery...
Zomato’s bull run continues as Goldman Sachs and Jefferies raise price targets post HSBC’s lead
Following HSBC, Goldman Sachs and Jefferies have raised their price targets (PTs) for Zomato, a leading foodtech company, due to robust growth in its...
Zomato stocks surge 2.5% to 52-week high at INR 138 following HSBC’s bullish outlook and platform fee hike
Zomato, a leading player in the food delivery sector, saw its stock rise by up to 2.5% to reach a 52-week peak of INR...
Moonglow Trading secures HSBC funding to expand Black Sheep Coffee across the UK
Moonglow Trading, a franchisee based in the UK, has obtained a seven-figure funding package from HSBC to support the expansion of Black Sheep Coffee...
Streamlining success: How startups can leverage fintech for operational efficiency
Collaborations have consistently demonstrated the mutual advantages they offer to businesses that join forces. Such a fruitful partnership was realized in 2017 when HSBC...