Zomato slips up to 5% post Macquarie's 'underperform' rating
Zomato's Q4 profit was ₹175 cr vs ₹188-cr loss in year-ago period. Revenue up 73% YoY to ₹3,562 cr for the fourth quarter against ₹2,056 cr in Q4 FY23
macquarie
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March 2020
Macquarie launches $1.5 bn EV financing platform Vertelo in India
The platform has received anchor investment from the Green Climate Fund which has committed to invest up to $200 million.
Paytm stock falls 9% on Macquarie downgrade, RBI stance
Macquarie downgrades Paytm stock, cutting its 12-month price target from ₹650 to ₹275, while rating it ‘underperform’
Adani Enterprises terminates deal to buy road projects worth ₹3,110 cr
Gautam Adani-led conglomerate last year signed a deal to acquire a 100% stake in Swarna Tollway Pvt Ltd and 56.8% Gujarat Road and Infrastructure Company Ltd
Paytm jumps 6% on Q1 revenue boost
Macquarie retains an 'underperform' rating on the stock with a target price of ₹450, implying a potential downside of 46%.
Macquarie slashes Paytm share target price to ₹450
The brokerage retains its 'underperform' rating on the stock.
Paytm share price hits new all-time low
The stock has tanked over 66% from its issue price of ₹2,150 in less than four months.
Paytm shares hit record low as Macquarie cuts revenue forecast
The stock fell 5.89% to ₹1,159 on the National Stock Exchange on Monday as the foreign brokerage slashed its target price on the stock by around 25% to ₹900.
Paytm stock will crash 44% to ₹1,200; co is 'loss leader': Macquarie
Foreign brokerage believes path to profitability is not clear since company lacks leadership in most segments.
YES Bank under a month-long moratorium
Thursday was an eventful day for the crisis-hit lender owing to merger-related speculations, but it ended with crippling the private bank’s most unsuspecting stakeholders—its depositors.
