Zomato Invests 500Cr in BlinkIt.
Zomato has been raising heavy cash recently whose consequence is this. Remember What deepinder said ? " BlinkIt will be bigger than Zomato ". He seems to be very bullish over Qcom ( BlinkIt )
What's Your Views on
Zomato's Market Cap is more than Coal India's Market Cap
But
Coal India's Total Dividend payment in a year is more than Total Revenue of Zomato
And
Coal India's Tax Paid in a year is more than the Total Profit of Zomato
That's it ....
7 replies16 likes
Sajin
•
Foundation • 1m
FY24 Coal India revenue: ₹30672 Crore
FY24 Zomato revenue: ₹6274 Crore
Coal India pays more dividend than the revenue of Zomato.
Then why does Zomato have higher valuation than Coal India?
The bubble is getting bigger and bigger, ready to burst.
2 replies2 likes
Mahendra Lochhab
Stealth • 1m
Zomato Tata Motors
M. Cap: ₹2.78T ₹2.71T
Revenue ₹12,961 ₹4,37,900
Profit ₹351Cr ₹31,806Cr
Tata Motors profit is more than Zomato's revenue but Market cap of Zomato is greater than Tata Motors.
Profits and Revenue d