As of 1st March 2025, Zomato’s share price closed at Rs 221.75, this reflects a slight decline from its previous close of Rs 229.10. Despite all this, Zomato’s stocks have shown significant growth in the past year. It gave nearly 65% in returns. Zomato’s stock has fluctuated between a 52-week high of Rs 304.70 and a low of Rs 144.30 several times.
Zomato Share Price in Today’s Market
Today Zomato’s Share price is at Rs 222.10 in the stock market, Which is 3% down. The current market capitalization of the company stands around Rs 2,14,334 crore. Also, moneycontrol report says UC limit is set at Rs 251.94 and LC limit is set at Rs 206.13.
Company Financials
Zomato reported a total income of Rs 12,961 crore for the year ending March 31, 2024, with a net profit of Rs 351 crore. The company’s financials show a gradual improvement in profitability, which is crucial for sustaining investor confidence. Zomato’s operating expenses are well-managed, with a focus on reducing losses.
Company in Recent News
Zomato has been in the news for its strategic initiatives. It has banned AI-generated images from restaurant menus. The company’s inclusion in the BSE SENSEX index has also attracted significant investor interest, contributing to its stock performance.
Zomato Share Target Price
Analysts predict that the stock could go between Rs 245.54 and Rs 336.85 by the end of 2025. This indicates potential growth, for March 2025. The share price is expected to be between Rs 341 and Rs 401, with an average of Rs 367. Below are the price predictions for upcoming months.
- March 2025: Predicted to be between Rs 341 and Rs 401.
- April 2025: Expected to range from Rs 351 to Rs 411.
Recommendation on Buy or Sell
Analysts generally recommend a “Buy” for Zomato, with many suggesting a “Strong Buy”. The company’s improving financials and strategic initiatives give confidence to its investors in a volatile market and competition in the food delivery sector before making decisions.
