Zomato is a startup started in 2008. It was founded by Deepinder Goyal and Pankaj Chaddah .zomato business to deliver food from restaurants to customers. Zomato is a startup started in 2008. It was founded by Deepinder Goyal and Pankaj Chaddah.
zomato share price.Zomato up after the lockdown when everyone was at home and not interested in going out by that zomato grab this issue .zomato is the fewer startup to become profitable Many big startups in Indian are facing losses like – Flipkart, Ola,swiggy, etc.
Zomato’s marketing was on fire there was no limit they were marked in everyone’s mind that Zomato delivered food at an affordable rate, creating the best deals and offers to customers They attracted many people.
Now who day bachelors work in offices far from home they order food daily it has become a habit for them. Recently on July 14, 2021, Zomato launched its IPO with a 9000cr issue size after the IPO in few quarterly results Zomato did not become profitable shares were listed at 126 per share by the loss-making quarterly results in a few months the share came to 50 per share.
Then they slowly bought a startup Blinkit Blink now makes more money than Zomato which offers 10 min delivery as its competition Swiggy launched Swiggy installment. After a few years zomato successfully became profitable then Zomato shares were in a big rally by Oct 2024 the share price was at 280
Table of Contents
| Zomato | |
|---|---|
| Market cap | ₹1,66,486 Cr |
| Current price | ₹189 |
| High/low | ₹207 / 72.6 |
| Stock P/E | 474 |
| Book value | ₹23.1 |
| Dividend yield | 0.00% |
| ROSE | 1.77% |
| ROE | 1.76% |
| Face value | ₹1.00 |
Zomato share price targets
Zomato has multiple businesses as it is growing it has a big market cap of ₹1,66,486 Cr stock P/E around 474 and they have not given any dividends to the shareholders experts are analyzing that when the stock hits 400 they may give divided to the shareholders. Zomato has given 208.71% returns last year and 56.07% last 5 years.
Zomato share price target 2025
The experts analyze that the share price will be a minimum of 260 maximum of 560 per share price as 2025. Parent company Zomato and under the company blink it groceries delivery app and gravity ride events booking app like movie tickets,ipl tickets, etc
Zomato share price target 2030
Zomato expects to reach 1000 in 2030 if all business is going good main thing is that Zomato is not dependent on one model it is experiencing more ways to increase the revenue minimum price of 700 and maximum of 1200 as per the previous average share price increase
tomato share price prediction,Zomato expected share price
As Zomato is now trading in the upper Circuit all experts are saying but the share now there the company fundamentals are so good it gives good profits to the shareholders Zomato is a good company to invest in.
Zomato has a big market share and their competition is a loss-making company tomato entered fastly now Swiggy is trying to get its IPO .zomato has more advantages.
CONCLUSION
This article helps in your investment journey for your future and the complete information on Zomato.
After research, we provide you with this article: Zomato's share price will increase in the future, and demand for online food orders and deliveries will increase in the upcoming years. So this is the right time to invest in Zomato shares for long-term or short-term vision, especially for long-term vision.
Disclaimer
We don’t suggest you buy any shares; we are not SEBI registered. So don’t invest your money after taking advice from us. Do your personal research or analysis, then invest your money, or you can take advice from a stock market specialist for more content.
