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Tag: Jefferies

Foodtech giant Zomato's shares surged͏͏ to͏͏ a͏͏ new͏͏ all-time͏͏ high͏͏ of͏͏ INR͏͏ 290.50͏͏ apiece͏͏ on͏͏ the͏͏ BSE͏͏ today͏͏ (September͏͏ 20),͏͏ propelled͏͏ by͏͏ a͏͏ broader͏͏ market͏͏ rally͏͏ that͏͏ saw͏͏ the͏͏ Sensex͏͏ and͏͏ Nifty50͏͏ also͏͏ reach͏͏ record͏͏ highs. The͏͏...
Sereko, India’s leading Psychodermatology Skincare brand, is making͏ s͏ig͏ni͏fi͏can͏͏t ͏str͏͏͏id͏e͏s͏͏͏ in ͏it͏͏͏s͏͏ ͏mis͏sion ͏t͏o ͏͏e͏͏n͏ha͏nce ͏access t͏o͏ hol͏istic sk͏͏͏͏͏incare sol͏͏uti͏ons. Th͏e brand͏ ha͏s par͏t͏͏͏n͏e͏͏͏red ͏with͏ TATA 1mg for ͏a͏͏ strate͏gic retail ͏͏ex͏p͏a͏nsion, launchi͏n͏͏g͏ in͏ 20 s͏t͏͏ore͏s͏...

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...

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’s strong Q3 performance spurs brokerage firms to boost price targets; Blinkit expansion drives optimism

Brokerage firms such as Jefferies, Nuvama, and Kotak have increased their price targets (PT) for Zomato stock following the foodtech giant's announcement of 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...

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...

Swiggy lays groundwork for mega IPO launch; taps top banks for key advisory roles

Food delivery giant Swiggy is in the process of shortlisting seven investment banks to act as advisors, as the Softbank-backed firm prepares for the...

Zomato’s stock surges 1.7% as investors show increasing faith in the company’s growth

Zomato's stock witnessed a 1.7 percent surge in trading activity on the NSE on September 18. This noteworthy uptick can be primarily attributed to...

Zomato’s rising stock price draws Jefferies’ Christopher Wood for increased investment

According to reports, Christopher Wood, the global head of equity strategy at Jefferies brokerage firm, is said to be planning to further increase his...

Zomato’s stock hits one-year high, surges 53% in two months, investors bullish

In the past two months, the shares of Zomato Ltd have witnessed a remarkable surge, leading to a fresh one-year high. With an impressive...

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