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Zomato Ltd Share Price (ZOMATO)

₹189.22.16%

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Overview
Fundamentals
Q3 '23 Results
Technicals
News and Events

Zomato Ltd share Performance

  • ₹181.4
    ₹191
    ₹189.2
    downward going graph

    4.12%

    Low

    Day's Volatility:5.07%

    High

    0.95%

    downward going graph
  • ₹53.2
    ₹199.7
    ₹189.2
    downward going graph

    71.88%

    Low

    52 Weeks Volatility:77.43%

    High

    5.55%

    downward going graph
1 Month Return17.25 %
3 Month Return37.13 %
1 Year Return242.01 %
Previous Close₹185.20
Open₹182.30
Volume3.41Cr
Upper Circuit-
Lower Circuit-
Market Cap₹1,63,342.39Cr

Analyst Rating for Zomato Ltd stock

based on 25 analysts

BUY
84.00%
Buy
0.00%
Hold
16.00%
Sell

Based on 25 analysts offering long term price targets for Zomato Ltd. An average target of ₹181.52

Source: S&P Global Market Intelligence

Company Information

Zomato Ltd is an Indian restaurant search and discovery service, incorporated in 2008. It provides information and reviews on restaurants, including images of menus where the restaurant does not have its own website. The company has its headquarters in Gurgaon, India.

The company operates in the restaurant search and discovery business, providing information and reviews on restaurants. Its main products are food delivery and restaurant discovery. Zomato has become a popular brand for its comprehensive restaurant listings, detailed menus, and user reviews. It also offers online ordering, table reservations, and point-of-sale systems. Zomato has partnered with several popular restaurants, including Burger King, Pizza Hut, and KFC, to provide customers with convenient online ordering options.

It also operate a onestop procurement solution Hyperpure which supplies high quality ingredients to restaurant partners. The Company has two core business to customer B2C offerings Food delivery and Dining Out in addition to business to business B2B offering and Hyperpure. In 2022, Zomato acquired Blinkit, the 10-minute delivery platform, for Rs 4,447 crore (about $568 million).

Share Price: ₹189.20 per share as on 19 Apr, 2024 04:01 PM
Market Capitalisation: ₹1,63,342.39Cr as of today
Revenue: ₹3,288.00Cr as on December 2023 (Q4 23)
Net Profit: ₹138.00Cr as on December 2023 (Q4 23)
Listing date: 23 Jul, 2021
Chairperson Name: Kaushik Dutta
OrganisationZomato Ltd
HeadquartersGurgaon
IndustryE-Commerce/App based Aggregator
E-voting on sharesClick here to vote

Key events for Zomato Ltd

  • Zomato Turns Profit After 15 Years; Denies Rumors of Buying Shiprocket - 17 Apr, 2024

    Zomato's shares have surged over 250% in the past year due to exponential growth seen in its quick-commerce business Blinkit. Despite various brokerages upgrading Zomato, Elara Securities has a target price of Rs 165 indicating a downside of 12.4%. Zomato and Shiprocket deny rumors of buyout.

  • Zomato Launches Large Order Fleet; Reports Consolidated Net Profit - 16 Apr, 2024

    Zomato unveils India's first large order fleet for events and parties, while reporting a consolidated net profit of Rs 138 crore. The company's stock volume surged by 1.61 times over its two-week average daily volume.

  • Zomato Shares See Price Target Upgrades - 15 Apr, 2024

    Zomato sees price target upgrades as brokerages raise estimates for the stock. UBS maintains buy rating with raised target price to Rs 250. Quick commerce growth and margin potential are underappreciated. The Indian market is expected to grow at a CAGR of 29%. Zomato's shares have seen a stellar run over the last 12 months since turning profitable.

  • Zomato Shares Hit Record Highs Amidst Bullish Views and Strong Growth Expectations - 12 Apr, 2024

    Zomato's quick commerce business, Blinkit, continues to grow exponentially, leading JM Financial to raise its target price to Rs 260. Tata Neu is working with Magicpin on ONDC integration. Zomato shares hit a record high for the sixth consecutive session due to robust industry tailwinds and strong balance sheet.

  • Zomato Shares Surge as Revenues Rise and Performance Improves - 11 Apr, 2024

    Zomato's share prices have surged over the past month, with an annual gain of 270%, following a strong Q3 performance that beat expectations. Analysts are optimistic about the company's future prospects, with revenue expected to continue climbing and potential upcoming triggers for the stock including food delivery EBITDA margin crossing 4% of GOV watermark and market share gains in Hindi heartland states.

  • Zomato Plans to Reduce Cash Burn Ahead of IPO - 10 Apr, 2024

    Zomato, backed by Tata Digital and Zomato, plans to reduce its cash burn from Rs 15 crore to around Rs 10 crore ahead of an IPO in the next 2-3 years. The move comes after letting go of 120-150 employees in a cost-cutting drive.

  • Swiggy Valuation Nears Zomato's Amid Record High Share Price - 09 Apr, 2024

    Swiggy's recent mark-ups have brought its valuation closer to that of rival Zomato, with Swiggy's share price reaching a record high of Rs 194.3 per share on April 9th. This has propelled Zomato's market capitalisation to over $20 billion.

  • Zomato Shares Hit Record High Despite Controversy - 08 Apr, 2024

    Zomato shares reached a new high despite controversy surrounding the death of a child who ate food ordered through the platform. The incident has raised concerns about regulations for cloud kitchens on food delivery platforms.

  • Zomato Stock Reaches 52-Week High Amid Strong Financial Results - 06 Apr, 2024

    Zomato's share price has surged by 29% in the last 15 days, reaching a historic high of Rs 190.50. The company reported strong Q3 FY24 financial results, including a profit of Rs 125 crore and consolidated adjusted revenue of Rs 3,609 crore, marking significant YoY growth.

  • Zomato Expected to Report Strong Q4 Performance - 05 Apr, 2024

    Zomato is expected to report a healthy Q4FY24 performance, driven by growth in food delivery and Blinkit businesses. Kotak Institutional Equities has raised its target price to Rs. 210 and retained a buy call on the stock. Additionally, Blinkit has partnered with Sony to distribute PlayStation 5 Slim consoles in India.

  • Zomato Faces Service Tax Demand of Over ₹184 Crore - 03 Apr, 2024

    Zomato has been served with a service tax demand and penalty order exceeding ₹184 crore for the period from October 2014 to June 2017. The company plans to contest the order before a suitable authority.

  • Zomato Receives Tax Demands; Co-Founder Leaves Magicpin - 02 Apr, 2024

    Zomato has received two tax demands totaling Rs 276.28 crore for non-payment of service tax from its foreign subsidiaries and branches. The company plans to file an appeal against both orders. Meanwhile, co-founder of Zomato-backed Magicpin, Brij Bhushan, has left the company amidst strong financial performance.

  • Zomato Receives Tax Demand Order - 01 Apr, 2024

    Zomato has received a tax demand order of Rs 23 crore for availing excess input tax credit under the GST rules. The company believes it has a strong case to defend the matter before the appellate authority and does not expect any financial impact of the order. Zomato stock ended 1.59% higher at Rs 182.35 on Thursday against Rs 179.35 in the previous session on BSE.

  • Zomato Receives Tax Demand and Penalty Worth Rs 23.26 Crore - 31 Mar, 2024

    Karnataka tax authorities have issued a tax demand and penalty of Rs 23.26 crore to Zomato, while Gujarat's Deputy Commissioner of State Tax has also sent a notice for excess availment of input tax credit and short payment of GST. The company believes it has a strong case to defend the matter before the appellate authority and does not expect any financial impact.

  • Zomato-backed Magicpin and Domino's offer discounts on ONDC - 28 Mar, 2024

    Magicpin, backed by Zomato, has partnered with Domino's to offer free delivery for orders over Rs 150 via the Open Network for Digital Commerce (ONDC). This move is expected to challenge Zomato and Swiggy's significant delivery and packaging charges on Dominos orders.

  • Zomato Shares Reach Record High Amid Positive Analyst Views - 27 Mar, 2024

    Zomato shares reach an all-time high of Rs 188.95 with positive analyst views suggesting holding or waiting for dips. ICICI Securities reiterates BUY rating and raises target price to INR 300.

  • Zomato Shares Hit All-Time High Amid Positive Market Sentiment - 26 Mar, 2024

    Zomato's shares have been on an uptrend for the last year, logging over 250% rise; ICICI Securities raises target price to Rs 300; Emkay Global Financial Services recommends Zomato as one of the best picks among 'fallen angels'; stock market experts predict strong quarterly numbers.

  • Zomato's Blinkit Hits All-Time High Orders During Holi - 25 Mar, 2024

    Zomato's quick-commerce arm, Blinkit, hit an all-time high in orders and OPM during the Holi festival. Analysts predict a positive impact on Zomato's stock due to upcoming cricket events.

  • Zomato Shares Rise Despite Controversy Over Pure Veg Delivery Plans - 21 Mar, 2024

    Zomato shares rose despite backlash over its pure veg delivery plans. Multiple brokerages have shared a positive outlook for Zomato's stock, expecting it to double or triple during the next five years. The growth of online food delivery companies like Zomato has expanded the reach of smaller restaurants, denting QSR delivery sales.

  • Zomato Faces Backlash Over Pure Veg Mode; Ultrahuman Raises $35M - 20 Mar, 2024

    Zomato faced criticism on social media for introducing the Pure Veg Mode and Pure Veg Fleet. The company rolled back green uniforms for the fleet. Bernstein maintained an outperform rating for Zomato stock with a target of Rs 200. Ultrahuman raised $35 million in a Series B round. Zomato shares surged 5% after rolling back plans for green uniforms.

Fundamentals of Zomato Ltd

Insights on Zomato Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 10.56% to 12.34% in Dec 2023 quarter

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 3 months, ZOMATO stock has moved up by 37.1%

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 37.64% to 42.83% in Dec 2023 quarter

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 5 quarters, -346.6 Cr → 138.0 Cr (in ₹), with an average increase of 2450.4% per quarter

  • imgPOSITIVE IMPACT

    Best in 1 Year

    img

    In the last 1 year, ZOMATO has outperformed top 5 stocks with highest market-cap in Online Services

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 8 quarters, 1.35K Cr → 3.50K Cr (in ₹), with an average increase of 12.7% per quarter

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 30.43% to 27.99% in Dec 2023 quarter

Zomato Ltd Valuation

Zomato Ltd in the last 5 years

  • Overview

  • Trends

Lowest (-6563.33x)

April 10, 2024

Industry (0.00x)

April 18, 2024

Today (-6173.33x)

April 18, 2024

Highest (-0.01x)

August 25, 2021

LowHigh

Mutual Fund Holdings

Funds Holdings
Axis ELSS Tax Saver Fund Direct Plan Growth OptionAxis ELSS Tax Saver Fund Direct Plan Growth Option2.46%
Kotak Flexicap Fund Direct GrowthKotak Flexicap Fund Direct Growth1.78%
ICICI Prudential Balanced Advantage Fund Direct Plan GrowthICICI Prudential Balanced Advantage Fund Direct Plan Growth1.02%
Motilal Oswal Flexicap Fund Direct Plan GrowthMotilal Oswal Flexicap Fund Direct Plan Growth5.66%
UTI Flexi Cap Fund - Growth Option - DirectUTI Flexi Cap Fund - Growth Option - Direct2.2%

Shareholding Pattern

InvestorsHoldings %Prev. 4 periods3M change
Promoter Holdings
0%
0.00
Foreign Institutions
42.83%
13.79
Mutual Funds
12.34%
16.84
Retail Investors
27.99%
-8.00
Others
16.84%
-21.22

Technicals of Zomato Ltd share

News & Events of Zomato Ltd

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Zomato Ltd (ZOMATO) share price today is ₹189.2

Zomato Ltd is listed on NSE

Zomato Ltd is listed on BSE

  • Today’s highest price of Zomato Ltd is ₹191.
  • Today’s lowest price of Zomato Ltd is ₹181.4.

PE Ratio of Zomato Ltd is -6173.33

PE ratio = Zomato Ltd Market price per share / Zomato Ltd Earnings per share

Today’s traded volume of Zomato Ltd(ZOMATO) is 3.41Cr.

Today’s market capitalisation of Zomato Ltd(ZOMATO) is ₹163342.39Cr.

Zomato Ltd(ZOMATOPrice
52 Week High
₹199.7
52 Week Low
₹53.2

Zomato Ltd(ZOMATO) share price is ₹189.2. It is down -5.26% from its 52 Week High price of ₹199.7

Zomato Ltd(ZOMATO) share price is ₹189.2. It is up 255.64% from its 52 Week Low price of ₹53.2

Zomato Ltd(ZOMATOReturns
1 Day Returns
4%
1 Month Returns
17.25%
3 Month Returns
37.13%
1 Year Returns
242.01%