Zomato’s shares dropped 5% after Jefferies downgraded the stock to ’Hold’ and cut its target price by 18%. The downgrade ...
Jefferies downgraded Indian food delivery firm Zomato Ltd (NS:ZOMT) on Monday, stating that the stock was likely to see a year of consolidation after strong gains in 2024 due to heightened competition ...
Zomato's stock price was down 4.19% to Rs 253.75 on the Bombay Stock Exchange (BSE). Earlier, the shares of Zomato hit an ...
Jefferies believes that Zomato's valuations are not "excessively expensive" in the context of the strong execution and ...
Jefferies revised its target price for Zomato shares to Rs 275, down from Rs 335, indicating just a 1% upside from the ...
Zomato's share price has declined over 9% in the past 5 trading sessions and over 14% in a month. At around 12:05 pm, shares ...
Food delivery aggregator Zomato Ltd.'s shares were downgraded by Jefferies to 'hold' as it revised the target lower, citing ...
Jefferies highlighted the growing competition in the quick commerce sector, raising concerns about profitability. The ...
Zomato slips on Jefferies' downgrade, Biocon rallies on USFDA approval and Jefferies upgrade, ONGC gains as CLSA names it a ...
As per a report by Bernstein, India's quick commerce sector is expected to expand beyond groceries into new categories and ...
Global brokerage firm Jefferies has downgraded Zomato's shares to 'hold' as it revised the target lower, citing increasing co ...