Zomato Limited

ZOMATO

INE758T01015

Internet Services

Market Closed - NSE India S.E. Other stock markets 07:43:49 2024-04-26 am EDT			5-day change	1st Jan Change
188.1 ^INR	+1.84%		-0.58%	+52.06%

Apr. 25	Indian food delivery firm Swiggy gets shareholder nod for $1.25 bln listing, filings show	RE
Apr. 24	New outlets, cheaper options fail to revive fast-food earnings in India	RE

Antfin sells about 2% stake in India's Zomato via bulk deals

March 06, 2024 at 09:36 am EST

BENGALURU (Reuters) - China's Antfin has sold a 2.1% stake in Indian food delivery platform Zomato via bulk deals on Wednesday, stock exchange data showed.

Antfin sold a total of 176.4 million shares in the company in the price range of 160.11- 160.40 rupees.

Morgan Stanley bought 56.8 million shares of Zomato at 160.10 rupees.

(Reporting by Nishit Navin in Bengaluru; Editing by Anil D'Silva)

Stocks mentioned in the article

Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	Price	Change	5d. change	Capi.
TOPIX INDEX	2,686 PTS	+0.86%	+0.34%	-
ZOMATO LIMITED	188.1 INR	+1.84%	-0.58%	19.47B
MORGAN STANLEY	92.83 USD	+0.29%	+2.39%	151B

Latest news about Zomato Limited

Indian food delivery firm Swiggy gets shareholder nod for $1.25 bln listing, filings show	Apr. 25	RE
New outlets, cheaper options fail to revive fast-food earnings in India	Apr. 24	RE
India consumer firms gear up to cash in on a sizzling summer	Apr. 15	RE
Zomato Limited Receives an Order by the Commissioner, Adjudication, Central Tax, Delhi	Apr. 01	CI
Zomato Limited Announces Received Order for Fiscal Year 2018-19 Pursuant to the Audit of GST Returns and Accounts by the Assistant Commissioner of Commercial Taxes, Karnataka	Mar. 31	CI
India's Swiggy records $200 million loss, document shows, as it plans IPO	Mar. 28	RE
India's Zomato scraps green uniform idea for vegetarian deliveries after criticism	Mar. 20	RE
Zomato Limited Receives an Order for Fiscal Year 2018-19 Pursuant to the Audit of GST Returns and Accounts	Mar. 16	CI
Antfin sells about 2% stake in India's Zomato via bulk deals	Mar. 06	RE
Antfin Looks to Sell 2% in Zomato	Mar. 05	CI
India's Zomato hits record high, bucking internet stocks' sluggishness	Mar. 01	RE
Zomato's Malaysian Subsidiary Starts Liquidation Process	Feb. 15	MT
Jefferies Adjusts Zomato’s Price Target to INR205 From INR190, Keeps at Buy	Feb. 09	MT
Zomato Returns to Profit in Fiscal Q3	Feb. 09	MT
Transcript : Zomato Limited, Q3 2024 Earnings Call, Feb 08, 2024	Feb. 08
Zomato Limited Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2023	Feb. 08	CI
Indian food delivery platform Zomato posts Q3 profit on higher demand	Feb. 08	RE
Zomato's Czech Republic-Based Subsidiary Gets Liquidated	Feb. 07	MT
Indian shares set to open higher ahead of RBI rate decision	Feb. 07	RE
Zomato's Vietnamese Subsidiary Gets Liquidated	Feb. 07	MT
India's Nifty 50 set to open little changed	Jan. 15	RE
Invesco raises valuation of Indian food delivery firm Swiggy to $8.3 billion	Jan. 05	RE
Zomato to Liquidate Vietnam-Based Step-Down Subsidiary	Jan. 04	MT
Zomato's Polish Step-Down Subsidiary Initiates Liquidation Process	Jan. 03	MT
INDIA STOCKS-India's Nifty, Sensex hit new record highs tracking global rally	Dec. 28	RE

Zomato Limited operates as an Internet portal that helps in connecting the users, restaurant partners and delivery partners. The Company also provides platform to restaurant partners to advertise themselves to the target audience in India and abroad and supply of ingredients to restaurant partners. Its segments include India food ordering and delivery; Hyperpure supplies (B2B business); Quick commerce business, and All other segments (residual). India food ordering and delivery is the online platform through which the Company facilitates food ordering and delivery of the food items by connecting the end users, restaurant panners and delivery personnel. Its Hyperpure supplies (B2B business) segment offers farm-to-fork supplies for restaurants in India. Quick commerce business is a quick commerce online platforrn facilitating quick delivery of goods and other essentials by connecting the end users, providing delivery services, and warehousing services.

Sector

Internet Services

Calendar

2024-05-19 - Q4 2024 Earnings Release (Projected)

Related indices

NIFTY 100

More about the company

Income Statement Evolution

More financial data

Ratings for Zomato Limited

Trading Rating

Investor Rating

ESG Refinitiv

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

188.1 INR

Average target price

184.3 INR

Spread / Average Target

-2.01%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Other Internet Services

	1st Jan change	Capi.
ZOMATO LIMITED	+52.06%	19.47B
TENCENT HOLDINGS LIMITED	+18.66%	414B
NETFLIX, INC.	+15.27%	242B
UBER TECHNOLOGIES, INC.	+12.15%	144B
AIRBNB, INC.	+20.63%	104B
PROSUS N.V.	+17.19%	83.87B
SPOTIFY TECHNOLOGY S.A.	+54.11%	57.64B
DOORDASH, INC.	+33.59%	53.37B
COSTAR GROUP, INC.	+6.02%	37.83B
NASPERS LIMITED	+15.88%	32.51B

Other Internet Services

Zomato Limited

Equities

ZOMATO

INE758T01015

Internet Services

Antfin sells about 2% stake in India's Zomato via bulk deals

Stocks mentioned in the article

Latest news about Zomato Limited

Chart Zomato Limited

Company Profile

Income Statement Evolution

Ratings for Zomato Limited

Analysts' Consensus

EPS Revisions

Quarterly earnings - Rate of surprise

Sector Other Internet Services