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Investing in shares requires informed decisions based on comprehensive research and expert analysis. If you’re considering Zomato stocks, you’ve come to the right place. This blog provides detailed insights into Zomato Share Price Target from 2024 to 2030. Our analysis is based on the company’s growth, overall performance, and future prospects, equipping you with the information needed to make sound investment decisions.
What Is Zomato?
Zomato is a multinational restaurant aggregator and food delivery company, founded in 2008 and headquartered in Gurugram, India. Zomato provides information, menus, and customer reviews of restaurants and offers food delivery services from partner restaurants in select cities.
Overview of Zomato’s Share Price
Zomato has established itself as a major player in the food delivery market, continuously expanding its services across various cities in India and globally. The company has demonstrated strong consumer engagement and growth.
- OPEN: ₹243.30
- HIGH: ₹251.97
- LOW: ₹243.30
- MARKET CAPITALIZATION: ₹2.19 Lakh Crore
- P/E RATIO: 299.36
- DIVIDEND YIELD: N/A
- 52-WEEK HIGH: ₹298.25
- 52-WEEK LOW: ₹112.50
Zomato Share Price Target: 2024–2030
Zomato’s share price has exhibited volatility, reflecting the dynamic nature of the food delivery industry. Below is the projected share price target for Zomato over the next several years:
| Year | Share Price Target (₹) |
|---|---|
| 2024 | ₹334.40 |
| 2025 | ₹457.49 |
| 2026 | ₹539.24 |
| 2027 | ₹622.35 |
| 2028 | ₹704.37 |
| 2029 | ₹876.17 |
| 2030 | ₹959.45 |
How to Buy Zomato Shares
You can purchase Zomato shares through various trading platforms, such as:
- Zerodha
- Upstox
- Groww
- Angel One
These platforms offer a user-friendly interface and simplified processes to buy and sell Zomato stocks.
Peer Companies of Zomato
Zomato faces competition from several prominent companies in the food delivery and restaurant aggregation sector, including:
- Swiggy
- Uber Eats
- Foodpanda
- Deliveroo
Investor Types and Ratios for Zomato Shares
Understanding the investor composition is crucial for assessing Zomato’s stability and growth potential. The investor base includes both institutional and retail investors, reflecting strong market confidence.
Advantages and Disadvantages of Zomato Shares
Advantages:
- Strong market position with high brand recognition.
- Significant growth potential in the food delivery market.
- Large user base and expanding business services.
Disadvantages:
- Intense competition within the food delivery sector.
- Earnings volatility due to fluctuating demand and operational costs.
FAQs About Zomato Shares
Who owns Zomato?
Zomato is a publicly traded company, with shares held by various institutional and retail investors.
Should I invest in Zomato shares right now?
Given its growth potential and market position, Zomato shares could present a promising investment opportunity. However, investors should remain mindful of the inherent risks in the sector.
What is the future growth of Zomato?
Zomato is focused on expanding its service offerings and user base, indicating substantial growth potential in the food delivery and restaurant aggregation markets.
Conclusion
Zomato is a strong player in the food delivery industry, offering promising growth opportunities and maintaining a robust market position. Based on expert analysis, Zomato shares are projected to perform well in the coming years. Investing in Zomato could be a practical decision for long-term investors.
