Zomato Share Price Live Update: 9:42 AM IST
Zomato stock drops 3% to Rs 123.65, extending losses for third straight session. Q3 results key, scheduled for Feb 9. Watch out for growth in orders, market share gains vs Swiggy & unit economics. Also further progress on 10 minute delivery & quick commerce push. Valuations still expensive.
Zomato Share Price Live Update: 12:47 PM IST
Zomato shares drop 3.1% to Rs 123.40, falling for third straight session ahead of its Q3 results scheduled on Feb 9. Key things to watch – growth in orders, market share gains vs Swiggy.
Zomato Share Price Live Update: 1:57 PM IST
Zomato’s share price fell 0.40 INR or 0.31% to 127 INR today on 1:57 PM, January 18th. The food delivery platform has seen its stock decline in early 2024 amidst broader volatility in Indian equities. Investors are closely tracking Zomato’s path to profitability along with competitive dynamics in the sector.
Zomato Share Price Live Update: 3:30 PM IST
Zomato Ltd closed at 129.15 INR today, up 1.75 INR or 1.37%. The food delivery company continues its strong run since going public in 2021, as demand for online food ordering remains high. Investor confidence also seems steady despite some recent controversies.