The P/B ratio shows how a stock's market price compares to its book value. It helps gauge whether a stock is undervalued or overvalued relative to its net assets.
The new-age tech stock is trading 21 per cent below its all-time high mark amid weak market sentiment and last settled 2.8 per cent higher at ₹248.75 apiece on the BSE.
Zomato’s stock has tumbled 30% from its peak, slashing its one-year return to 60%. This sudden crash has reignited questions about the company’s ability to sustain its ambitious growth narrative. Is ...
Share prices of new age stocks as Zomato and Swiggy corrected up to 7% and even slightly more with the stock market crashed.
Raamdeo Agrawal has welcomed the Union Budget 2025, and said that the Finance Minister has ensured additional money at the ...
Zomato may have lost some share in the food delivery market in Q3 FY25 as competitors scaled 10-15-minute delivery faster, said ICICI Securities A day earlier, Zomato CFO Akshant Goyal downplayed ...
NRAI filed a petition with the Competition Commission of India (CCI), alleging that Zomato and Swiggy were abusing their ...
For the food and grocery delivery giant, the number of monthly transacting customers for the October-December quarter fell to ...
Hemang Jani, Independent Market Expert, says even as we discuss if the valuations are accurate ... But from a 6 months, 12 months kind of perspective, these remain very interesting themes and ...
Top restaurateurs raised concerns over the entry of food delivery aggregators like Zomato and Swiggy into private labelling ...
Zomato CEO assures restaurant partners fair practices defending its 10-minute food delivery push via Bistro as NRAI considers ...