Despite the strong quarterly performance, brokerage firms are not too excited over the counter and have mixed ratings on the new-age stock. ICICI Securities believes that the management’s guidance towards attaining EBITDA-breakeven for Zomato business by Q1FY24 would require careful calibration of employee expenses and marketing spends.
Wendy’s draws buyout bid as beef costs and burger rivalry weigh on business
Wendy’s shares jump after Nelson Peltz’s Trian Fund Management offers $7.35 per share to take the burger chain private, as the company faces high beef
October 28, 2026