zomato stock - Modern Business India

Zomato falls nearly 7% on reports of Uber stake sale

BENGALURU: Shares of ZomatoLtd fell up to 6.8% on Wednesday, in their biggest drop in more than a week, a day after reports said that Uber Technologies planned to sell its entire stake in the Indian food delivery firm. Uber is the…

Zomato shares up nearly 7% as analysts project bigger order volumes

BENGALURU: Shares of Zomatosurged nearly 7% on Wednesday after several analysts projected higher profits in the near term, recovering some losses from a sharp drop in their value after a share lock-in period ended this week. Ant…

Zomato plunges 14% to record low as IPO lock-up period ends

NEW DELHI: Shares of online food-delivery and restaurant platform ZomatoLtd. plunged in Mumbai after the end of a lock-up period for investors that had stakes in the company prior to its initial public offering. The stock dropped as…