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Earnings Reaction: Zomato Shares Soar Over 5% On Jump In Revenues In June Quarter

Zomato reported a net loss of Rs 356 crore in the June 2021 quarter compared to a loss of Rs 99.8 crore in the year-ago period as its dining-out business was impacted by Covid-19 ....

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Zomato share price: Market Movers: Why bad news is good for Zomato and metal stocks defied sell-off

While Zomatos management comment was highlighting how it used the bad news of being tagged the worst employer in the gig economy into motivation to improve its human resource management, investors read it in an entirely different way. ....

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