On March 5th 2025, Zomato experienced a 0.35% increase in share prices since the previous close. Although there are no specific causes for the slight uptick, analysts and market experts say that the shift in the cause could be attributed to general market movements or investor sentiment.
Zomato shares opened to the market at Rs. 229.00 and are currently down by 0.4% compared to the opening bell rates.
Zomato Share Price in Today’s Market
At 11:30., Zomato’s price is 228.89, nearly 0.4% lower than the opening rates. And 0.45% higher than its previous session. According to the reports and estimates on Money Control, the current market capitalization shows 221,108 cores; the UC Limit is 250.37, and the LC Limit is 204.84
Company Financials
Zomato released its financial results for the third quarter of fiscal year 2024-25 on January 20th, 2025. In this quarter, the company reported a net profit of Rs. 59 crore, which reflects a 57% decline from Rs. 138 crore in the same period the previous year. However, revenue from operations grew by 64% year-on-year, reaching Rs. 5,405 crore, up from Ts. 3,288 crore.
The quick commerce segment, driven by Blinkit, saw a revenue increase of 117% year-on-year to Rs. 1,399 crore. Despite this growth, the segment’s adjusted core loss widened to ₹103 crores from ₹89 crores in the previous year.
Zomato’s food delivery business grew by 21.5% to Rs. 2,072 crore compared to ₹1,704 crore in the same period the previous year.
Recent News About Zomato
- In February 2025, Zomato announced a corporate rebranding to “Eternal.” This new identity encompasses all its business units: the food delivery service Zomato, Blinkit, District, and Hyperpure.
- The app has over 65 lakh downloads, indicating swift user adoption and engagement.
Zomato Share Price Target
According to analysts and market experts, Zomato has an average target of 271.33. The consensus estimate suspects an upside of 18.76% from the last price of 228.47
Should You Buy, Sell, Or Hold?
Most of the experts on Trendlyne suggest buying Zomato shares. Meanwhile, 59% of analysts on Money Control suggest buying, 3% recommend holding, and 10% suggest selling.
Before investing in Zomato, consider its long-term performance and consult your analyst to make the perfect move.
