Zomato stock price can jump 33% from here, say analysts. Check ...
Zomato share price today: Zomato share price surged 19 per cent to a fresh record high of Rs 278.45 per shar intraday. Nearly 418.73 million shares changed ...
Zomato share price surges 12%; stock's mcap jumps by 25k in a day ...
Zomato share price surged by an impressive 202 per cent over the past year. Zomato's consolidated net profit for Q1FY25 soared to ₹253 crore from ₹2 crore ...
Zomato share price - 10 things to know with detail
Zomato is a food delivery and restaurant discovery platform based in India. It was founded in 2008 and has since become one of the leading food delivery services in the country.
Zomato's share price is listed on the National Stock Exchange of India (NSE) and the Bombay Stock Exchange (BSE). It went public through an initial public offering (IPO) in July 2021.
The IPO was priced at Rs 76 per share, and Zomato's share price has since fluctuated based on market conditions and investor sentiment.
As of [insert date], Zomato's share price was [insert price]. Please note that share prices can change rapidly, so it's important to check the most recent data before making any investment decisions.
Zomato's market capitalization, which is calculated by multiplying the total number of outstanding shares by the share price, was [insert market cap]. This gives an indication of the company's overall value in the stock market.
Zomato's share price performance has been influenced by a variety of factors, including competition in the food delivery space, regulatory changes, and overall market conditions.
Analysts and investors closely monitor Zomato's financial performance, including revenue growth, profit margins, and customer acquisition metrics, to assess the company's long-term prospects and potential for future growth.
Zomato faces competition from other food delivery services in India, such as Swiggy and UberEats, as well as international players like DoorDash and Deliveroo.
Zomato has expanded its services beyond food delivery to include restaurant discovery, table reservations, and online ordering. This diversification has helped the company attract a larger customer base and increase its revenue streams.
Investors considering buying Zomato shares should conduct thorough research, consult with a financial advisor, and carefully evaluate their risk tolerance before making any investment decisions. Share prices can be volatile, and it's important to have a long-term investment strategy in place.