Zomato, is one of India’s leading food delivery platforms. Recently Zomato Share Price are in the news as the company is focusing on rapid expansion of its subsidiary quick commerce platform Blinkit. How will the stocks perform in the market? Let’s find out analysts’ views.
Zomato Share Price in Today’s Market
As of today, Zomato’s Share Price is Rs 203.26 which is 0.77% up from the opening price. The shares opened at Rs 201.70 and touched a high of Rs 205. The current UC limit stands at Rs 221.87 and the LC limit is at Rs 181.53. The total market capitalization of the company is standing around Rs 1,95,882 crore.
Company Financials
The company has published its Q3 results already which show revenue has increased to Rs 5,405 Crore. This is a 64% growth compared to the same period last year. But after huge growth in revenue profits dropped by 57% due to rising operational costs.
Recent News about Zomato
- Zomato has been in the news for the past few days for its expansion strategies. The company aims to reach 2,000 dark stores by December 2025 for Blinkit.
- Despite challenges by rivals like Instamart, Blinkit’s revenue has surged by 117% compared to last year.
Zomato Share Target Price
Zomato Share has mixed targets according to analysts and experts. Some suggest it could reach Rs 237.80 to Rs 357.10 by the end of 2025. That is nearly 75% higher than the current price. On the other hand,d some suggest share prices could hit Rs 304.73 till the year end. On trendline, Consensus suggests Zomato Shares could hit Rs 283.21 by the end of 2025.
Recommendation on Buy or Sell
As per the current market situation and financial reports by the company experts advise investors to be cautious before investing in Zomao Shares. On moneycontrol, 55% of analysts out of 29 suggest buying shares. Whereas, 7% suggest holding and 10% suggest Selling.
