Zomato is a renowned food delivery platform in India. The share of Zomato is in the spotlight on the stock market. As of 19th February 2025, investors are keeping an eye on the share prices and making calculations to enter a good point to make some money. What are the company’s financial, recent news, and recommendations? Let’s find out in today’s article.
Zomato Share Price in Today’s Market
Currently, Zomato shares are trading at Rs 228.49 which is 2.32% up from the opening value. Today zomato started at Rs 220.60 and touched a high of Rs 228.74 and the lowest it touched was Rs 220.
Company Financials
The current market capitalization for the company stands at Rs 220809 crore. The stock’s 52-week high was Rs 304.50 and 52-week low was Rs 144.30. As per Moneycontrol Upper Circuit limit is Rs 245.64 and the Lower Circuit Limit is Rs 200.97. The company’s P/E ratio is 296.66 and P/B ratio is 8.97. The current earnings per share is 0.40 which suggests the company is trying to make a profit.
Recent News on Zomato
Zomato has plans to make its services bigger. The company is working on improving its delivery system and partnering with local restaurants to make more sales. Experts are hopeful about Zomato exploring more ways to earn.
Recently Zomato Limited has changed its name to Eternal Limited. This decision was made after approval by the board of directors. The new name will reflect the company’s growth beyond food delivery and future directions.
Zomato Share Price Target
According to Consensus Analysts, the median price target for Zomato shares is Rs 300 which is 34.38% higher than the current price. and the highest target price is Rs 400. The lowest price set by analysts is Rs 130. As per mint’s report, there is resistance at Rs 226.29, Rs 229.49, and Rs 234.37.
Recommendation on Buy, Hold, or Sell?
Consensus Analyst put a ‘Buy’ tag for Zomato Shares. Rajesh Palviya from Axis Securities also said Somato Share have strong support at Rs 205. He suggests HOLD for long term. Kkunal Parar of Choice Equity Broking also suggests to BUY Zomato shares.
