Authored by : ET Now Digital Updated May 11, 2024 | 04:22 PM IST Photo : ET Now Digital Zomato share price target 2024.
Zomato share price target 2024: Food tech Company Zomato is all set to declare its financial results for the quarter and year ended March 31, 2024 on Monday, May 13, 2024.
Zomato share price target 2024 Kotak Institutional Equities in its May 10 report has given 'buy' rating to Zomato at the CMP of Rs 195 apiece.
Zomato share price today The current market price of Zomato stock on BSE stands at Rs 201.40 apiece.
Zomato market cap Zomato has a market cap of Rs 1.20 lakh crore as per BSE analytics.
Authored by : ET Now Digital Updated May 11, 2024 | 04:22 PM IST Photo : ET Now Digital Zomato share price target 2024.
Zomato share price target 2024: Food tech Company Zomato is all set to declare its financial results for the quarter and year ended March 31, 2024 on Monday, May 13, 2024.
In the BSE exchange filing dated May 07, 2024, the Company intimated of the upcoming board meeting to consider and approve the financial results (standalone and consolidated) of the Company for the quarter and financial year ended March 31, 2024.
Ahead of the crucial financial statement, what should investors do about Zomato stock? Should they hold, sell or buy?
Zomato share price target 2024 Kotak Institutional Equities in its May 10 report has given 'buy' rating to Zomato at the CMP of Rs 195 apiece. It sets the target price as Rs 230 apiece with an upside of 18%.
Zomato share price today The current market price of Zomato stock on BSE stands at Rs 201.40 apiece. The stock witnessed a jump of 3.12% during the session on Friday, May 10, against the previous day close at Rs 195.30 apiece. The stock opened at Rs 196.05 apiece, reaching a high of Rs 205 apiece and a low of Rs 189.75 apiece.
Zomato market cap Zomato has a market cap of Rs 1.20 lakh crore as per BSE analytics. The stock's 52-week movement indicates a high of Rs 205 and a low of Rs 61.61 apiece.
The stock has a face value of Rs 1 each.
Zomato's Q-commerce Blinkit Considering the latest report of Goldman Sachs, Zomato's q-commerce Blinkit has overtaken its parent company in terms of valutation. Zomato acquired Blinkit in 2022 at the cost of $568 million (around Rs 4,745 crore). As per the investment giant, Blinkit's valuation touches around $13 billion (Rs 10,861 crore).
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(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money related decisions.)
