Zomato stock

Zomato share price extends decline for the fifth straight session. Opportunity to buy?

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Zomato share price extends decline for the fifth straight session. Opportunity to buy?

Zomato share price declined over 2% on Monday, extending losses for the fifth straight session. Zomato shares fell as much as 2.19% to a low of ₹272.15 apiece on the BSE. In the past five sessions, Zomato shares have plunged more than 8%. Zomato shares hit a 52-week high of ₹298.20 apiece on September 24, … Read more

Zomato stock price up 112% in 2024; should investors buy now?

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Zomato stock price up 112% in 2024; should investors buy now?

Global brokerage firm Nomura has increased its target price for Zomato to ₹280 from ₹225 while maintaining a ‘buy’ recommendation. This new target suggests a potential upside of over 9 percent. This comes after strong quarterly results for Q1FY25. Nomura highlighted Zomato’s significant growth potential and improving profitability in both its food delivery (FD) and … Read more