Zomato shares crack 11% after Q3 PAT falls 57% YoY. Should you buy, sell or hold?

January 21, 2025

Why Zomato Share is Falling Today: Zomato share price dropped by 11.43% after reporting a 57% decline in Q3 net profit to Rs 59 crore. Revenue rose by 64% to Rs 5,405 crore. Analysts have mixed ratings: UBS and Nomura maintained ‘Buy’ ratings, while Macquarie rated it ‘Underperform’. BofA expects Blinkit’s losses to persist but anticipates strong growth.

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Reliance Infrastructure share price: Reliance Infrastructure shares surged 5% after its arm, Reliance Defence, bagged a Rs 600-crore export order from Germany’s Rheinmetall, boosting global

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Gold slips Rs 300 to Rs 98,600/10 g, silver plunges Rs 1,000 amid weak global cues

Gold prices slipped Rs 300 to Rs 98,600 per 10 grams in the national capital on Wednesday due to unabated selling by stockists in line

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