2025-05-01Niranjan Ghatule
Eternal (formerly known as Zomato) reported Q4 results, in which Net profit was down more than 78% YoY to Rs 39 crore due to higher expenses. net expenses almost doubled to Rs6,104 Crore vs Rs 3,336 Crore last year same period. While the net revenue of Eternal comes at Rs 6201 crore, here is the full article
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2025-02-25Niranjan Ghatule
Zomato continues to strengthen its leadership in India's quick commerce sector, with Bernstein maintaining an "Outperform" rating on the stock. The brokerage firm has set a target price of ₹310, reflecting a 35% upside potential. This article explores Zomato’s aggressive expansion, Blinkit’s breakeven challenges, rising competition, and why investors should adjust to the evolving market dynamics.
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