#Zomato
’s market cap now stands at a mammoth ₹1.7 lakh crore, making it India’s most valuable internet firm.
Why are analysts so bullish about the stock?
READ all about its stunning turnaround on the bourses in this week's
#Crux
🔓
✍️
@Mittermaniac
After a rocky journey in its first year,
#Zomato
stock gained a whopping 262.4% 🆙 in FY24, making it the 𝒐𝒏𝒍𝒚 𝒏𝒆𝒘-𝒂𝒈𝒆 𝒕𝒆𝒄𝒉 𝒔𝒕𝒐𝒄𝒌 in the list of top 10 drivers of
#Nifty500
’s gains in the last fiscal.
The stock is now nearing ~Rs 200 📈on the BSE.
Ola has seen yet another CXO-level exit. Ride-hailing is not an easy business to be in right now. Industry execs describe the sector a “bloodbath”, “game of chess” as zero-commission models gain prominence. Ola is losing marketshare faster than ever before. Story from last week👇
It's insane how Zomato has turned around Blinkit and, in turn, its own fortunes! As their OG investor
@sbikh
told
@thecaptableco
recently that "sometimes entrepreneurs see stuff that others don’t see".
More on
#Blinkit
's latest numbers 🔢 in this piece by
@prnvbal
👇🧵