As of today, March 14th 2025, Zomato continues to experience a steady decline in its stock value. Today, since the opening bell, the price has dropped by almost 3.4%. Analysts and market experts say that market trends have put companies like Zomato under pressure, resulting in low trades and stock drops.
In the last 3 months, Zomato shares plummeted by almost 30%. Market expert Devang Shah stated that the stock is diving significantly after a strong rally while facing strong resistance. Zomato is consistently trading below the 200-day moving average. There is a possibility of further decline, and the stock may drop to Rs. 205-206. On the upside, the stock faces resistance at Rs. 230 in the short term.
Long-term investors have seen over 276% returns in the last two years and more than 153% returns in the past three years.
Today, Zomato’s share prices began at 280.2, a 1.3% drop compared to the previous close.
Zomato’s Share Price in Today’s Market
At 10:45., Zomato was trading at 20.1.43 a share, nearly 3.4% lower than the opening rate. And 1.4% lower than its previous close. According to the reports and estimates on Money Control, the current market capitalisation shows 194,387 cores; the UC Limit is 226.00, and the LC Limit is 226.00.
Company Financials
Zomato is one of India’s largest and most successful food platforms. The company offers food and grocery deliveries with promising offers and exclusive experiences.
The company declared its Q3 FY 2024-25 financials on January 20th. The data reveals that Zomato’s performance declined in the third quarter. Although revenue from operations increased by 64%, net profits dropped by 57%. The revenue reported was Rs. 5,405 crore, compared to Rs. 3,288 crore from the same quarter last year. And the net profit stood at Rs. 59 crore, compared to the Rs. 138 crore in the third quarter of the previous year.
- Blinkit’s revenue increased 117% to Rs. 1,399 crore.
- Zomato’s food delivery increased by 21.5% to Rs. 2,072 crore.
Recent News About Zomato
- On February 6th, Zomato unveiled a new logo with its rebranded name, Eternal. This rebranding reflects the company’s evolution into a multi-faceted platform encompassing Zomato- Food delivery services, Blinkit- Quick-commerce operations, District- Live events platform and Hyperpure- Kitchen supplies venture.
- On January 17th, 2025, Zomato invested Rs. 500 crore into Blinkit, bringing its total investment to Rs. 2,800 crore.
- In early March 2025, India’s Competition Commission initiated an antitrust investigation into Zomato to investigate allegations of deep discounting and unfair pricing practices that disadvantaged smaller traditional businesses.
Zomato Share Price Target
Analysts on Trendlyne predicted that Zomato has an average target of 271.33. The consensus estimates an upside of 34.70% from the last price- 201.43.
Should You Buy, Sell, Or Hold?
Most analysts on Trendlyne strongly suggest buying Zomato shares. On Money Control, however, only 59% recommend buying, 10% suggest selling the shares, and 3% recommend holding. Before investing in the company, consider its long-term performance and consult your analyst to make the perfect move.
