Zomato shares zoom 4% to fresh all-time high as UBS reaffirms buy rating
Shares of Zomato rose 4% on Thursday to reach a new all-time high of Rs 283.60 after global brokerage firm UBS maintained a buy rating on the stock with a…
Is it time to increase cash holdings in anticipation of market correction? Sandip Sabharwal answers
"Mutual fund figures for I think the last month are still to come out, but they should be healthy. So, there are flows into mutual funds, PMS, AIF, etc. So,…
Alibaba affiliate may sell 1.54% stake in Zomato
Antfin Singapore, an affiliate of the Chinese conglomerate Alibaba Group, is likely to sell a 1.54% stake in online food delivery aggregator Zomato on Tuesday through block deals, aiming to…
Is there value and scope for outperformance in HPCL, BPCL & IOC? Dipan Mehta answers
Dipan Mehta, Director, Elixir Equities, says HPCL, BPCL & IOC are great trading stocks and you could get 15-20-30% return in a few weeks if you get the timing right.…
ETMarkets PMS Talk: How QGLP methodology helped this fund manager deliver 12x multibagger return in 17 years
“We have a QGLP philosophy, where we look at the growth leaders where the longevity of growth is very high, and we buy new stocks at reasonable prices,” says Vaibhav…
Zomato shares may rally up to Rs 292 in near term: Anand James
Following a sharp 17% rally in Zomato shares amid blockbuster results, the new-age stock could rally to Rs 292 in the near term, with a stop loss at Rs 252-240,…
Brokerages initiate coverage on Zomato, 6 other stocks; see up to 30% upside potential – Stock Watchlist
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Q1 results today: ITC, Tata Motors among 88 companies will announce earnings on Thursday
The first quarter earnings season is underway and as many as 88 companies will announce their quarterly numbers on Thursday. Key results to watch out for include ITC, Sun Pharma,…
Stocks in news: YES Bank, DMart, Kotak Bank, Zomato, Hindustan Zinc
Indian markets opened at record highs but experienced some correction due to a lack of sustained buying on Tuesday. In today's trade, shares of YES Bank, DMart, Kotak Bank, Zomato,…
Morgan Stanley sees 7-35% upside for new-age stocks
Brokerage Morgan Stanley remains bullish on new-age businesses like Zomato, Policy Bazaar, Nykaa, Paytm and Delhivery, despite the recent jump in the stock prices. The firm sees up-move of 7%…