Know about the Zomato Share Price Target in India: 2024, 2030, 2040, buying guide, Zomato Share history, about Zomato company and much more...
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Zomato Share Price Target in India: 2024, 2030, 2040
If you're interested in investing in Zomato or simply want to keep track of the latest trends in the stock market, you've come to the right place. In this blog post, we will delve into the Zomato share price target, its history, target prices for 2024, 2030, and 2040, and explore the factors that may influence its future. We will also provide insights from financial experts and answer some frequently asked questions (FAQs) to help you better understand the stock's potential.
Zomato is a popular online food delivery and restaurant discovery platform based in Gurgaon, Haryana, India. The company was founded in 2008 by Deepinder Goyal and Pankaj Chaddah and has since expanded its services to over 23 countries, including the USA, Australia, UAE, and the UK. Zomato's primary focus is on food delivery, but it also provides other services.
As of 2023, Zomato reported gross revenue of Rs 4,192 crore, with total assets of Rs 16,767.20 crore. Now, let's delve deeper into the Zomato share price target for 2023.
The company has seen significant growth, with a trading volume of 54,356,579 shares and a market cap of Rs 40,543.64 crore. Zomato share price target currently stands at Rs 51.80, with the potential to reach Rs 115.10 by the end of the year.
To invest in Zomato shares, follow these steps:
Start by selecting a trusted and well-established brokerage firm. Ensure the brokerage offers online trading services and has a good track record.
To buy shares in India, you'll need a Demat (Dematerialized) account. This account holds your shares electronically.
Complete the Know Your Customer (KYC) verification process by submitting your identification documents, such as Aadhar card, PAN card, and proof of address.
Deposit funds into your trading account, which will be used to purchase Zomato shares. You can typically transfer funds through online banking or a check.
Before investing, conduct thorough research on Zomato. Analyze the company's financials, performance, and future prospects.
Zomato shares are listed on both the National Stock Exchange (NSE) and the zomato share price BSE. Decide which exchange you prefer to trade on.
Log in to your trading account, search for Zomato shares by their ticker symbol ("ZOMATO"), and place your buy order. You have the option to select from market orders, limit orders, or stop orders..
Keep an eye on the stock market to track the Zomato shares on the NSE India. Prices can fluctuate throughout the trading day, so it's essential to stay informed about the latest developments in the market.
Review your order details and confirm the purchase. Make sure that your trading account holds an adequate amount of funds.
Once you've bought Zomato shares, they will be stored in your Demat account electronically. You can track your holdings and sell them when you choose.
Keep in mind that engaging in stock market investments, such as Zomato share price target, involves inherent risks, so it is important to make well-informed choices. It is advisable to seek guidance from a financial advisor before proceeding with any investment decisions.
Over the past two years, we've been keeping an eye on Zomato's share price on the NSE India. Let's take a look at what we found:
In July 2021, the price ranged from a low of ₹115.00 to a high of ₹138.92, marking a significant swing in Zomato share price history. Later in November 2021, it dipped to a low of ₹136.80 but then soared to a high of ₹161.30. When January 2022 arrived, the share price hit a low of ₹129.00 and reached a high of ₹142.45, showing resilience and fluctuations in the market. As of July 2022, it took a slight dip, with a low of ₹53.35 and a high of ₹61.50, reflecting the dynamic nature of the stock's historical performance.
It's essential to remember that these numbers are from the past and don't predict how Zomato's shares will perform in the future. The stock market can be unpredictable, so always be careful when making investment decisions.
Let's take a journey into the future and explore Zomato's share price targets for the years 2023, 2025, 2030, and 2040. We'll also touch on the years in between.
In 2023, Zomato's share price has exciting possibilities, including the zomato share price target 2023. The minimum target price is expected to be between Rs 38.20 to Rs 105, offering a range of opportunities for investors. The average target price is estimated to be in the range of Rs 43.80 to Rs 110.10, making it a potentially attractive investment. For those looking for a more optimistic outlook, the maximum target price could reach Rs 115.40 to Rs 125.40, promising substantial returns.
In 2025, Zomato's share price reached new heights, and Zomato share price target 2025 has been a topic of great interest. The minimum target price is anticipated to be between Rs 195.30 to Rs 225.00, offering substantial growth potential.
The average target price stands at Rs 250.60, making it an attractive option for investors. For the more optimistic, the maximum target price may reach Rs 300.50 to Rs 350.20, promising significant returns on investment.
As we journey through the years, Zomato's share price history continues to show positive signs. It's important to remember that these are projections and not guarantees. The stock market can be unpredictable, so it's essential to consider the risks and do your research, especially when dealing with the dynamics of Zomato share price history.
In 2028, Zomato's share price maintained its positive momentum. The minimum target price is expected to be between Rs 435.50 to Rs 455.20, providing a stable and potentially rewarding investment. The average target price stands at Rs 445.80, making it a dependable choice for investors. For those aiming for higher returns, the maximum target price may reach Rs 515.30 to Rs 545.15, promising significant growth opportunities.
As we approach 2030, Zomato's share price target continues to offer potential. The minimum target price is estimated to be between Rs 485.15 to Rs 515.30, indicating stability and growth. The average target price is around Rs 520.80, making it an attractive investment. For those with a more optimistic perspective, the maximum target price might reach Rs 580.10 to Rs 615.40, presenting substantial returns on investment.
These projections provide insights into the potential growth of Zomato's share price target over the years. However, it's crucial to remember that the stock market can be unpredictable, and these are estimates, not guarantees. Always consider the risks and do thorough research before making investment decisions.
Predicting the exact share price of any company in 2040 is highly challenging, as it depends on numerous factors, market dynamics, and global events that may unfold over the years. However, based on current trends and expert opinions, we can make some speculative assessments about Zomato's share price in 2040.
Investors looking to forecast Zomato's share price in 2040 should keep an eye on the company's quarterly and annual reports, follow expert analyses, and stay informed about industry developments. It's essential to remember that investing in the stock market carries risks, and share prices can fluctuate significantly.
Investing in Zomato stock, like any investment, comes with its share of risks. Here are five Zomato stock risk factors to consider:
Zomato faces fierce competition in the food delivery market. It competes with both established players and new entrants. This competition can put pressure on market share and profitability.
Zomato's business model relies heavily on the internet and mobile technology. Any disruption or failure in these systems can impact its ability to serve customers and partners effectively.
Zomato's success depends on retaining and growing its customer base. If customers discontinue using Zomato's services, it can affect the company's performance and revenue.
The regulatory environment can change, affecting how Zomato operates. New laws or regulations can introduce challenges and uncertainties for the company.
Stock prices can be volatile, and Zomato's share price target may experience fluctuations due to market conditions, economic events, or investor sentiment.
Before investing in Zomato stock, it's important to carefully assess these risk factors and consider your investment goals, risk tolerance, and financial situation. Diversifying your investment portfolio and seeking advice from financial experts can help you make informed investment decisions.
Motilal Oswal, a well-known financial services firm, has set its sights on Zomato's share price target. Their analysis suggests that Zomato's stock holds significant potential. They've provided a target price of ₹160 for Zomato shares, indicating their optimism about the stock's future performance.
Motilal Oswal's insights are based on factors such as revenue growth and profitability improvement in Zomato's various business segments. They anticipate a steady rise in the share price, and their confidence in the stock's potential for meaningful rerating is evident.
Recently, the Reserve Bank of India (RBI) took action against Bank of Baroda's mobile app, 'bob World.' RBI ordered the immediate suspension of customer onboarding for the app due to material supervisory concerns. The central bank has directed Bank of Baroda to rectify the identified deficiencies and strengthen underlying processes before further onboarding of customers is allowed.
The bank responded by taking corrective measures to address the concerns raised by RBI. The situation underscores the importance of regulatory compliance and the need for financial institutions to ensure their systems meet the required standards. ‘
While this development impacted the bank's share price temporarily, it's a reminder of the vigilance needed in the banking sector to maintain a strong and trustworthy financial system.
1. Zomato's share price target hit a 52-week high at ₹113.25, marking a significant rise from its low of ₹44.35.
2. Analysts at ICICI Securities have a target price of ₹160 for Zomato, predicting strong profitability.
3. Kotak Institutional Equities is also optimistic about Zomato, with a fair value of ₹125.
4. Technical analysts are bullish on Zomato, expecting further upward movement.
5. Zomato's subsidiary, ZM Chile, recently underwent liquidation, not affecting the company's revenue.
6. Stock experts believe the rise in Zomato's share price target is due to improved profitability in new-age businesses.
7. Bank of Baroda faced an RBI order to suspend customer onboarding for their 'bob World' app, raising concerns.
8. Motilal Oswal has a buy recommendation for Bank of Baroda's shares, with a target price of ₹240, but warns of near-term challenges.
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The highest target price for Zomato shares in 2025 is Rs 300.50 to Rs 350.20, with an average target price of Rs 250.60.
For the short term, it can be a good option with the potential for favorable returns.
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By the end of 2030, the maximum target price for Zomato shares is Rs 580.10 to Rs 615.40, with an average target price of Rs 520.80.
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