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Zoomcar Holdings Appoints Deepankar Tiwari as New CEO

Story Highlights

Zoomcar Holdings ( (ZCAR) ) has issued an announcement.

On May 2, 2025, Hiroshi Nishijima resigned as CEO of Zoomcar Holdings, Inc., with no disagreements cited. On May 9, 2025, Deepankar Tiwari was appointed as the new CEO, bringing over 25 years of experience in the automotive and mobility sectors, including roles at Tata Group and Uber Technologies. Tiwari’s appointment is expected to leverage his extensive industry experience and previous advisory role with Zoomcar India Private Limited to enhance the company’s strategic direction.

Spark’s Take on ZCAR Stock

According to Spark, TipRanks’ AI Analyst, ZCAR is a Underperform.

The overall score reflects significant financial distress and technical weakness. Zoomcar Holdings is grappling with negative margins, high leverage, and insufficient cash flows, indicating severe financial instability. Technical analysis confirms bearish momentum, and the negative P/E ratio underscores valuation challenges. Without positive earnings or dividends, the stock remains unattractive to investors.

To see Spark’s full report on ZCAR stock, click here.

More about Zoomcar Holdings

Average Trading Volume: 1,154,859

Technical Sentiment Signal: Sell

Current Market Cap: $3.52M

For an in-depth examination of ZCAR stock, go to TipRanks’ Stock Analysis page.

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