Zomato shares continue to slump for 2nd day

Zomato Shares Extend Losses For Fourth Day, Plunge 5% To INR 203.80
Zomato's stock dropped 5.05% to INR 203.80, marking its fourth consecutive day of losses, with the share price declining over 12% in the last five trading sessions and now trading 31% below its 52-week high.
Zomato Shares Plunge 13% After Earnings Miss Analyst Estimates
Shares of Zomato Ltd. slumped more than 13% on Tuesday after losses in the quick commerce segment caused the company’s earnings to fall short of analyst estimates.
Zomato shares continue to slump for 2nd day; plunge 12 pc
Shares of food tech unicorn Zomato plummeted 12 per cent in the morning trade on Tuesday after the food delivery aggregator reported a 57
Zomato share price plunges over 9% after Q3 PAT slumps 57% YoY
Zomato share price dropped over 9% following a 57.2% decline in Q3 net profit to ₹59 crore. The company reported a revenue of ₹5,405 crore, while total expenses surged to ₹5,533 crore, reflecting challenges amid rapid expansion and demand slowdown.
Zomato Stocks Plunge Nearly 10 Per Cent, See Why The Food Delivery Firm's Share Price Is Falling
The shares of online food delivery and quick commerce major, Zomato, took a major beating in the stock market on Tuesday. The company’s shares declined close to 10 per cent in the morning market hours following disappointing results declared for the third quarter on Monday.
Zomato shares crashed 15% after Q3 results: why analysts are divided
Zomato’s stock has slumped over 15% this week. Zomato reported a 57% decline in its consolidated net profit for the December quarter, posting ₹59 crore compared to ₹138 crore in the same period last ...
Zomato delivery agents earned 'fairly attractive' income of Rs 28,000 in 2024: Deepinder Goyal
Zomato CEO Deepinder Goyal said, 'Most of them prefer to work with us part-time to generate a secondary source of income for ...
Fortune India2h
It’s not just Zomato anymore; Swiggy, Nykaa, FirstCry, Trent feel the heat of competition
Mart, and Trent shares are down up to 35% from their 52-week high levels, while FirstCry has seen a correction of 69%.
India's Zomato posts Q3 profit slump on stiff competition, store ramp-ups
By Ananta Agarwal and Ashna Teresa Britto (Reuters) -Indian food delivery major Zomato's third-quarter profit more than ...
Zomato, Swiggy extend downslide, slip 3% as quick commerce rivalry heats up
Zomato's disappointing Q3 earnings, driven by its aggressive expansion in the quick commerce segment, intensified concerns ...
Quick commerce rivalry heats up: Zomato and Swiggy extend losses amid competition concerns
The quick commerce sector, where Zomato and Swiggy dominate, is witnessing heightened rivalry. Investors are wary of the cost ...
India's Zomato's Q3 profit tumbles as store ramp-ups take a toll
India's Zomato reported a 57% fall in third-quarter profit on Monday as its margins continued to face pressure from increased ...
inc4215h
Zomato Lost Market Share In Food Delivery Market In Q3: ICICI Securities
ICICI Securities has said that Zomato may have lost market share in the food delivery segment in Q3 FY25 amid rising ...
Zomato tanks over 10% on weaker numbers, drags Swiggy along, too
Zomato has attributed the weaker numbers to the increased investments in accelerated new dark-store openings and customer ...
India's Zomato misses Q3 profit estimate as store ramp-ups bite
India's Zomato reported a smaller-than-expected third-quarter profit on Monday as its margins continue to face pressure from ...
NRAI plans legal action against Zomato, Swiggy over 10-min delivery apps
Both Zomato and Swiggy have defended their quick delivery services and are working to dispel fears of data exploitation ...
Food delivery slowdown hits Zomato, but QSR resilience could lead to recovery: Jignanshu Gor
We think this churn will also go, there is an end to this churn as well. But in the short term, it will change the landscape.