An announcement from Zoomcar Holdings ( (ZCAR) ) is now available.
On April 16, 2025, Madan Menon resigned from the board of directors and various committees of Zoomcar Holdings, Inc., with his departure not due to any disagreements with the company’s operations or policies. Subsequently, on April 21, 2025, the board restructured its committees, appointing new members to the Audit, Compensation, and Nominating and Corporate Governance Committees, ensuring continuity in governance.
Spark’s Take on ZCAR Stock
According to Spark, TipRanks’ AI Analyst, ZCAR is a Underperform.
Zoomcar Holdings is in a precarious position with severe financial distress, a strong bearish trend in technical analysis, and negative valuation metrics. The risk of Nasdaq delisting and leadership changes add to the uncertainty. These significant risks are reflected in the low overall stock score.
To see Spark’s full report on ZCAR stock, click here.
More about Zoomcar Holdings
YTD Price Performance: -91.27%
Average Trading Volume: 102,958
Technical Sentiment Signal: Buy
Current Market Cap: $2.24M
Find detailed analytics on ZCAR stock on TipRanks’ Stock Analysis page.