Is the Q4 result an outlier? What is happening on this counter?

Stocks where serious speculation activities are observed are put in trade to trade category by the exchange and SEBI. Typically such stocks will have low public float and very low market caps which make them attractive prey for the operators who can move prices up and down single handedly.

If you buy a stock in t2t category you can’t sell it on the same day which you can do with the other stocks. In other words intraday trading not allowed. You will have to take delivery of the stocks into your demat account and once shares are credited to your demat account you can sell them.

Exchange does periodic review of stocks in t2t category and based on fulfilment of certain criteria moves them out of t2t. It’s hard to say how long, though. Sometimes it can be a few weeks and sometimes a few months.

I don’t think so. Beyond a certain point, it has a -ve impact on demand. Also in absolute sense, this is around 60-70crs of EBITDA on an annualised basis so not really anything significant to bottom line.

Would have rather preferred to undercut Swiggy since optically speaking Swiggy has poor unit economics. See below:-

There’s a reason why Swiggy is forced to raise platform fee but Zomato necessarily needn’t follow suit. Infact a delta of between 5-10 and my hunch is a lot of folks will shift from one platform to another.

Even in H1FY24, Swiggy seems to be recorded a loss of around ~$200mn which is 1600 crs… Zomato on the other hand has a profit of 38crs in H1FY24

If they are able to increase platform at this rate, imagine the hockey stick growth of profitability just due to this. Talk about operating leverage!

Which company are u talking about ???