Today, on 26th March 2025, Zomato Share Price experienced declining prices in the morning session since the opening bell. Analysts and market experts say that the shift in Zomato’s share prices could be due to the improved performance of the company’s rivals like Zepto.
The quick commerce company Zepto has recently indicated that it may be planning for expansion when it declared a $250 million secondary sale ahead of its IPO.
Earlier this month, Zomato, along with a few more companies, were under CCI’s radar for predatory pricing and allegations of deep discounts. Taking the recent developments and the general market outlook into account, Macquarie analysts cautioned regarding the sustainability and profitability of the quick commerce model in India.
Zomato’s shares opened to the market today at Rs. 202.35, slightly lower from the previous session’s close of 209.81 and are currently down by 2.72% compared to yesterday’s close.
Zomato Share Price in Today’s Market
At 10:15., Zomato’s share price was 201.40, nearly 2.58% lower than its previous close. According to the reports and estimates on Money Control, the current market capitalization shows 197,253 cores; the UC Limit is 230.79, and the LC Limit is 188.82.
Company Financials
In the Q3 of FY 2024-25, Zomato’s performance declined. The net profits dropped by 57%, at Rs. 59 crore, compared to the Rs. 138 crore in the third quarter of the previous year.
The revenue from operations increased by 64% to Rs. 5,405 crore, against Rs. 3,288 crore in the same quarter last 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
- In February the Chairman of TVS Capital Funds, Gopal Srinivasan, expressed scepticism regarding the sustainability of India’s quick-commerce sector, including that of companies like Zomato.
- Zomato’s inclusion in the Nifty index may attract substantial inflows, amounting to almost $910 million.
Zomato Share Price Target
Per expert’s predictions, Zomato Ltd. has an average target of 271.33. The consensus estimate represents an upside of 32.39% from the last price of 204.94.
Should You Buy, Sell, Or Hold?
Most analysts strongly recommend buying shares from Zomato. But before investing in the company, consider its long-term performance and consult your analyst to make the perfect move.
