Zomato Share Price Highlights : Zomato stock price went down today, 21 Jan 2025, by -10.92 %. The stock closed at 240.95 per share.
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Zomato stock stares at 44% downside? Macquarie shares target price
Zomato share price today: Macquarie said it regards Zomato as an efficient quick commerce and food delivery platform. But as far as Zomato shares are ...
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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.