Today, on 28th March 2025, Zomato’s share prices experienced a slight uptick since the opening bell. Analysts and market experts say that including Zomato on the Nifty 50 Index, India’s benchmark index, may have influenced positive investor sentiment. Experts predicted that the inclusion could bring inflows of approximately $602 million, potentially improving the stock’s liquidity and visibility.
Zomato’s shares rise after experiencing a downtrend earlier this month. Today, Zomato’s shares opened to the market at Rs. 204.24 and are currently up by 1.02% compared to the previous session’s close of Rs. 206.28.
Zomato Share Price in Today’s Market
At 11:12 a.m., Zomato traded for Rs. 208.89 per. It is nearly 1.16% higher than its previous close. According to the reports and estimates on Money Control, the current market capitalisation shows 201,229 cores; the UC Limit is 226.90, and the LC Limit is 185.65.
Company Financials
In the Q3 of FY 2024-25, Zomato’s net profits plummeted by 57%. The food commerce company reported Rs. 59 crores in profits, compared to the Rs. 138 crores in the third quarter of the previous year. The company’s records revealed that revenue from operations increased by 64%, Rs. 5,405 crores, against Rs. 3,288 crores in the same quarter last year. Its subsidiary, Blinkit, recorded a 117% rise in revenues at Rs. 1,399 crores, and the food delivery segment’s revenues increased by 21.5% to Rs. 2,072 crores.
Recent News About Zomato
- On 26th March 2025, BofA Securities downgraded Zomato from buy to neutral and decreased the target price Rs. 250. They suspected profits to be low in the quick commerce and food delivery segments.
- Zomato allegedly fired over 300 employees in late March without proper prior notice.
Zomato Share Price Target
According to experts on Trendlyne, Zomato Ltd. has an average target of 271.33. The consensus speculated an upside of 30.20% from the last price of 208.39.
Should You Buy, Sell, Or Hold?
Most analysts suggest buying Zomato’s shares, with 10% of analysts on Money Control recommending selling. But, before investing in Zomato, consider its long-term performance and consult your analyst to make the perfect move.
