Streetbeat News

ZCAR

Zoomcar Holdings, Inc.

https://www.zoomcar.com

Industry

Rental & Leasing Services

Zoomcar Holdings, Inc. operates a marketplace for car sharing in India, Indonesia, and Egypt. It connects hosts with guests, who choose from a selection of cars for use at affordable prices, promoting smart transportation solutions. The company was founded in 2013 and is based in Bronxville, New York.

Open

6.99

Mkt cap

15M

Volume

148K

High

7.82

P/E Ratio

-0.68

52-wk high

1289.00

Low

6.30

Div yield

N/A

52-wk low

3.93

Trading for ZCAR was halted and the status was updated at 8:55 AM ET. The article provides information on the resumption of quotations and news related to the halt.

Portfolio Pulse from Benzinga Newsdesk

October 22, 2024 | 12:55 pm

Trading has been halted for an unspecified security at 7:50:00 p.m. ET due to pending news. The halt indicates that significant information is expected to be released, which could impact the security's price.

Portfolio Pulse from Benzinga Newsdesk

October 21, 2024 | 11:50 pm

Zoomcar plans a 1-for-100 reverse stock split effective October 21, 2024, with trading on a split-adjusted basis starting October 22, 2024. The stock will continue trading on Nasdaq under the symbol 'ZCAR'.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2024 | 8:45 pm

Zoomcar has achieved a significant milestone in its debt restructuring process, aiming to reduce its debt obligations by approximately $31 million from its total outstanding debt as of June 30, 2024.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2024 | 8:02 am

Several industrial stocks experienced significant price movements in Wednesday's after-market session. Microvast Holdings, Caravelle Intl Gr, TPI Composites, Smart Powerr, FreightCar America, and Zoomcar Holdings saw gains, while Momentus, Lavoro, SolarMax Technology, Nuburu, Knightscope, and ZTO Express experienced declines.

Portfolio Pulse from Benzinga Insights

October 09, 2024 | 8:31 pm

Zoomcar has partnered with India's Mappls MapmyIndia to integrate AI-powered features into their platform, enhancing the travel planning and booking experience for users. This collaboration allows users to book Zoomcar vehicles while planning trips using the Mappls app.

Portfolio Pulse from Benzinga Newsdesk

September 11, 2024 | 10:52 am

In Monday's after-market session, Safe Pro Group (SPAI) saw a massive 15517.9% increase in share price, while Turbo Energy (TURB) and Shoals Technologies (SHLS) also experienced significant gains. Conversely, ConnectM Technology (CNTM) and ShiftPixy (PIXY) were among the notable decliners.

Portfolio Pulse from Benzinga Insights

September 02, 2024 | 8:31 pm

Zoomcar Holdings, Inc. (NASDAQ:ZCAR) has launched a Generative AI Assistant to enhance its car-sharing platform in India. This tool provides 24/7 support to Hosts, aiding in onboarding, platform navigation, and vehicle safety, aiming to boost earnings. The AI assistant is expected to improve the overall user experience and will soon be available for Guests as well.

Portfolio Pulse from Nabaparna Bhattacharya

August 30, 2024 | 4:10 pm

Xperi Inc. (NYSE:XPER) shares rose 11.6% in pre-market trading after announcing an $80 million asset sale agreement with Amazon.com services. Other notable pre-market movers include Applied DNA Sciences, Inc. (NASDAQ:APDN) up 130%, GeoVax Labs, Inc. (NASDAQ:GOVX) up 56%, and fuboTV Inc. (NYSE:FUBO) up 8.5% following a legal win against major media companies.

Portfolio Pulse from Avi Kapoor

August 19, 2024 | 9:18 am

U.S. stocks traded higher with the Dow Jones, NASDAQ, and S&P 500 all posting gains. Financials led the sectors, while real estate lagged. Key movers included Cingulate Inc. (CING), Zoomcar Holdings, Inc. (ZCAR), H&R Block, Inc. (HRB), Sonida Senior Living, Inc. (SNDA), Shimmick Corporation (SHIM), and ENDRA Life Sciences Inc. (NDRA). Commodities saw oil prices drop and gold prices rise.

Portfolio Pulse from Avi Kapoor

August 16, 2024 | 6:46 pm

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