Zomato up for third day, hits 52-week high as brokerages expect up to 47% upside

Zomato up for third day, hits 52-week high as brokerages expect up to 47% upside

Food delivery major Zomato hit its 52-week high of ₹113.25 in intraday deals today (October 12, 2023) on the back of a positive growth outlook by two brokerage houses that see an upside of up to 47 percent. The stock has bounced back strongly in the current year after a weak show last year. The … Read more

Zomato shares spurt 14% after food delivery platform turns profitable | Business News

Zomato shares spurt 14% after food delivery platform turns profitable | Business News

News Business Market Zomato shares spurt 14% after food delivery platform turns profitable Zomato’s stock jumped 14.11 per cent to touch an intraday high of Rs 98.39 on BSE, against its previous close of Rs 86.22. The food delivery platform reported a consolidated net profit of Rs 2 crore for the April-June quarter, against a … Read more