TMS Ep431: Go First, Karnataka's economy, ONDC impact on Zomato, encryption
Which way are Go First and Indian aviation flying in? What's behind Karnataka's economic miracle? How will ONDC affect Zomato's valuations? What is end-to-end encryption? Answers here
Discounts, incentives not funded by govt money, clarifies ONDC CEO Koshy
Recently, ONDC has gained a lot of traction because of the stiff competition it is posing to major food aggregators like Swiggy and Zomato
Zomato Ltd - 543320 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Company will hold its earnings conference call on Friday, May 19, 2023 at 6:00 PM IST, to discuss the financial results of the Company for the quarter and financial year ended March 31, 2023 Zomato Ltd - 543320 - Board Meeting Intimation for Approval Of The Financial Results For The Quarter And Financial Year Ended March 31, 2023
Zomato Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 19/05/2023 ,inter alia, to consider and approve the financial results for the period ended March 31, 2023
Zomato slides 7% on fears ONDC may hit profitability
Analysts said the disruption by ONDC, where consumers are buying food and grocery at cheaper prices, has hurt investor sentiment in loss-making Zomato.
Zomato rises 4%, hits 5-month high; stock surges 28% in one month
Motilal Oswal Financial Services last month initiated coverage on Zomato with a BUY rating
Zomato-backed magicpin delivers over three lakhs order a month on ONDC
It has scaled up from less than 1,000 orders a day to 10,000 orders a day within two weeks, making it more than three lakh orders per month. Zomato Ltd - 543320 - Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A
Format of Initial Disclosure to be made by an entity identified as a Large Corporate. Sr. No. Particulars Details 1Name of CompanyZomato Ltd 2CIN NO.L93030DL2010PLC198141 3 Outstanding borrowing of company as on 31st March / 31st December, as applicable (in Rs cr) 0.00 4Highest Credit Rating during the previous FY NA 4aName of the Credit Rating Agency issuing the Credit Rating mentioned in (4)Not Applicable 5Name of Stock Exchange# in which the fine shall be paid, in case of shortfall in the required borrowing under the frameworkBSE We confirm that we are a Large Corporate as per the applicability criteria given under the SEBI circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018. No Name of the Company Secretary: SANDHYA SETHIA Designation: COMPANY SECRETARY COMPLIANCE OFFICER EmailId: [email protected] Name of the Chief Financial Officer: Akshant Goyal Designation: Chief Financial Officer EmailId: [email protected] Date: 28/04/2023 Note: In terms para of 3.2(ii) of the circular, beginning F.Y 2022, in the event of shortfall in the mandatory borrowing through debt securities, a fine of 0.2% of the shortfall shall be levied by Stock Exchanges at the end of the two-year block period. Therefore, an entity identified as LC shall provide, in its initial disclosure for a financial year, the name of Stock Exchange to which it would pay the fine in case of shortfall in the mandatory borrowing through debt markets.
Zomato delivers over 20% return in one month. Will it surpass 200-day EMA soon?
Now the stock is few rupees away from its 200-day EMA which is placed at Rs 62.34 on the daily scale, which experts feel may easily surpass in coming sessions considering the current momentum.
Zomato stock continues to rally for second day in a row post large block deal
After jumping 8 per cent in Tuesday's trade deals, Zomato shares are again soaring on Wednesday. Large rally in its share price has come after, Zomato announced its large block deal which consisted of 1.5 crore shares trade