Zomato Share Price is in the news as Goldman Sach acquires stake. Not only this, the company has recently laid off 600 employees. How will the stock perform? Let’s find out expert analysis and recommendations on buying or selling.
Zomato Share Price in Today’s Market
As of today, 3rd April 2025, Zomato Share Prices are trading for Rs 211. That is nearly 0.5% down from the opening price. The Current UC limit is at 233.23 and LC limit is at Rs 190.82. Total market capitalization of the company stands at Rs 2,03,940 Crore.
Company Financials
Zomato has reported a 64% YoY growth in consolidated revenue in the third quarter of FY25 at Rs 5,405 Crore. But despite this profits have fallen by 57% to Rs 59 Crore, which was Rs 138 Crore last year.
Recent News about Zomato
- Recently Zomato has fired 600 employees which had made headlines. The layoff affected the Customer Support team as the company shifted towards AI Solutions.
- The company has also released Nugget. This is an AI platform that handles 15 million interactions across Zomato, Blinkit, and Hyperpure. All this effort is taken to improve efficiency.
- Goldman Sachs’ investment in Zomato has given investors confidence in the long-term game. However, BofA securities have downgraded the stock to ‘neutral’.
Zomato Shares Price Target
Currently, analysts have multiple targets for Zomato. Some suggest prices could touch Rs 237.80 to Rs 357.10 by the end of 2025. On the other hand, some suggest it can go as high as Rs 336.85 by the end of 2025. Some are optimistic and hope to touch Rs 872 by the year 2030.
Recommendation on Buy or Sell
According to moneycontrol’s website 55% of 29 analysts suggest Buy for Zomato shares. On the other hand, 7% suggest hold and 10% suggest sell. Consensus also suggests buying.
