Zomato Share Price Today: Investors Shocked, Prediction For 2024!”

 

In the stock market, Zomato made its entry in 2021 through an IPO (Initial Public Offering), attracting numerous investors during its IPO period.

Zomato Share Price Today:

Zomato’s IPO was priced at ₹76 per share, and upon listing on the NSE market, it opened at ₹116 per share, while on the BSE market, it opened at ₹115 per share.

Many investors have reaped profits from their investments in Zomato’s shares, but there are still some investors who may not have seen substantial returns. Every stock market investor keeps a close eye on Zomato Share Price Today to make informed decisions and seize profit-making opportunities.

Zomato Share Price Latest Update

Today, on October 5th (Thursday), when the stock market opens, Zomato’s share price is expected to be ₹101.25 per share. This marks a slight decrease from the closing price on the previous day (October 4th, Wednesday), which was ₹103.50 per share.

The stock price of Zomato experiences fluctuations every day, and for regular updates on Zomato Share Price Today, you can stay connected with our website or join our Telegram channel.

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Zomato’s 52 Week Low and 52 Week High

Zomato’s 52 Week Low and 52 Week High are key indicators for investors. Currently, Zomato’s 52 Week Low stands at ₹44.35 per share, while the 52 Week High is ₹105.90 per share. Any changes in these figures will be updated here.

In August this year, Zomato released its Q1 earnings report for FY24, revealing a net profit of ₹200 million. The company’s total revenue at the time was ₹24.16 billion. Notably, this marked the first time Zomato achieved profitability in its entire history, which positively impacted the company’s stock prices.

We hope this article provides you with valuable insights into Zomato Share Price Today. For information on other stock prices and updates, stay connected with our website.

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Prediction for Zomato Share Price:

The future of Zomato’s share price remains a subject of intense speculation and anticipation. With its recent entry into profitability and its dominant position in the online food delivery market, many investors are keeping a keen eye on the company’s stock. Analysts and experts are offering various predictions, and the consensus seems to be optimistic. Factors such as the company’s growing user base, expanding services, and its ability to adapt to changing market dynamics play a significant role in these predictions.

However, the stock market can be unpredictable, and external factors like economic conditions, competition, and regulatory changes may also influence Zomato’s share price. As we move forward, the investment community eagerly awaits the unfolding of Zomato’s journey and its impact on its share price.