Adani Wilmar, Venus Pipes & Tubes, Hariom Pipe Industries and Veranda Learning Solutions are the top multi-bagger debutants that delivered 109-135 per cent returns in 2022
The change in stance with respect to Zomato is a complete reversal from nearly a month ago (November 13), when the stock was a high-conviction 'buy' for Jefferies with a price target of Rs 100
Paytm, Policybazaar, Zomato, and Nykaa have been the worst hit, falling between 50.5 per cent and 60 per cent thus far in 2022
Camas Investments bought 98 million shares worth Rs 608 crore of Zomato via block deal on the NSE on Wednesday
According to media reports, Alibaba Group Holding Ltd plans to sell a stake of about 3 per cent in Indian food delivery firm Zomato worth $200 million through a block deal
Stocks to Watch Today: According to reports, Zomato is likely to witness a block deal on Wednesday.
Zomato, which currently has nearly 3,800 employees, stated that layoffs will be based on regular performance
Gupta was previously the chief operating officer for the travel company Makemytrip
Some of the other 'digital / new-age' companies debuted at a steep valuation compared to the traditional technology firms. The rally fizzled out as they failed to make a decent profit
The company's revenue, too, increased 62.2 per cent year-on-year (YoY) to Rs 1,661 crore in Q2FY23 as against Rs 1,024 crore in Q2FY22
Shares of new-age tech companies like Nykaa, Paytm and Zomato have fallen up to 68% from their listing prices. As they struggle with profitability, should investors keep these stocks on radar?
This is the first quarter where the food aggregator crossed the billion-dollar mark in annualized revenue, Zomato revealed
Revenue from operations rose to Rs 1,661 crore from Rs 1,024 crore
Company to soon roll out delivery bags with this number printed on them, says no penalty on riders for delay in delivery, no rewards for reaching order on time