Blinkit Blitz: Zomato shares tank 30% from peak. Is it overloading the delivery menu?

January 31, 2025

Zomato’s stock has dropped 30% from its peak in early 2025, leading to concerns about its growth trajectory. The company reported a significant loss in Blinkit due to heightened competition and substantial investments. Nevertheless, Zomato is committed to expanding Blinkit, Hyperpure, and quick restaurant delivery services, despite mixed analyst opinions on its future prospects.

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Siemens Energy India shares are set to debut on the stock market following its demerger from Siemens. Analysts predict substantial growth, projecting a 40% CAGR

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Oil prices experienced a slight dip on Thursday due to investor uncertainty following President Trump’s ambiguous statements regarding potential U.S. involvement in the Israel-Iran conflict.

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