Zomato shares rise 19% after analysts project price target

Aug 2, 2024 · Shares of Zomato Ltd., the food delivery aggregator rose by as much as 19% to ₹278.7 after brokerages raised their price targets across the board post its June quarter …

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Zomato Shares Rise 19% After Analysts Project Price Target

1 week from now

Aug 2, 2024 · Shares of Zomato Ltd., the food delivery aggregator rose by as much as 19% to ₹278.7 after brokerages raised their price targets across the board post its June quarter …

cnbctv18.com

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Zomato Shares Skyrocket 19% To Double Money In 2024, Target …

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Aug 2, 2024 · Zomato Share Price Updates: Shares of food delivery giant Zomato surged 10% to a days high of Rs 257.95 after reporting a multifold increase in PAT for the June quarter. The …

indiatimes.com

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Zomato Shares Hit Record High After Q1 Results. Will It Cross Rs 350 ...

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Aug 2, 2024 · Shares of online food delivery giant Zomato surged by up to 19% to Rs 278.7 after the company posted strong June quarter results, prompting brokerages to raise their price …

indiatoday.in

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Zomato Shares Advance 7% As CLSA Adds Stock To ‘high Conviction ...

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2 days ago · Zomato share price: CLSA has reiterated its bullish stance on Zomato, adding the stock to its "High Conviction Overweight" list and raising the target price to Rs 400 from Rs …

indiatimes.com

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Zomato’s 260% Stock Surge Has Analysts Scrambling To Catch Up

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Apr 15, 2024 · Price target upgrades for Zomato in the past 12 months exceed those for all other stocks in a Bloomberg Intelligence gauge of global ride sharing and delivery peers. At least …

indiatimes.com

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Zomato Shares Rally 6% To Fresh High After UBS Raises Target Price

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Aug 19, 2024 · Zomato Share Price: Zomato's shares surged 6% to a new 52-week high of Rs 280 on BSE on Monday after UBS raised its target price from Rs 260 to Rs 320. The …

indiatimes.com

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Zomato (NSEI:ZOMATO) Stock Forecast & Analyst Predictions

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4 days ago · Price target increased by 7.4% to ₹236 Aug 02. Price target increased by 12% to ₹207 ... SoftBank Looking To Book Profits by Selling Shares in Zomato, Paytm Jun 17. …

simplywall.st

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Zomato Shares Hit All-Time High As Brokerage Raises Price Target

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Jul 12, 2024 · Zomato‘s share price surged nearly 2% to hit a new all-time high of ₹221.31.. What Happened: The surge today comes as global brokerage firm UBS maintained its bullish stance …

benzinga.com

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Zomato Shares Surge 19% Following Analysts' Upgraded Price …

1 week from now

Aug 2, 2024 · Zomato shares jumped 19% to ₹278.7 after analysts raised their price targets post Q1 results. CLSA, Motilal Oswal, and other brokerages upgraded their forecasts, highlighting …

urbanorganicnews.com

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Zomato Shares Surge Over 7% After CLSA Raises Target Price To …

1 week from now

1 day ago · This price target marks an upside potential of 64% from the previous close price However, the shares shed gains later, trading 1.17% higher at INR 246.8 at 11:33 AM …

inc42.com

FAQs about Zomato shares rise 19% after analysts project price target Coupon?

Why did Zomato share price rise 19% on Friday?

Shares of food delivery giant Zomato surged 19% to a record high of Rs 279 on Friday after reporting a multifold increase in profit after tax (PAT) for the June quarter. Following this, brokerages such as CLSA raised their target price to as high as Rs 350. ...

Which stock has the highest target price on Zomato?

CLSA has the highest target price on Zomato at Rs 350, while Motilal's target is Rs 300, Nomura's Rs 280, and Bernstein's Rs 275. Shares of foodtech firm Zomato on Monday jumped 6% to hit a fresh 52-week high of Rs 280 on BSE after the global brokerage firm UBS raised the target price on the new-age stock from Rs 260 to Rs 320. ...

How has Zomato's market capitalization changed in 2024?

Zomato shares have more than doubled so far in the calendar year 2024 with its market capitalization now nearing Rs 2.5 lakh crore-mark. (You can now subscribe to our ) Zomato Share Price: Zomato's shares surged 6% to a new 52-week high of Rs 280 on BSE on Monday after UBS raised its target price from Rs 260 to Rs 320. ...

Should you buy Zomato (Zomato) stock?

In fact, CLSA has raised its target price for Zomato’s stock to Rs 350, which is the highest among all other brokerage firms tracking the food delivery giant’s shares. The brokerage has maintained its ‘Buy’ recommendation for the stock. ...

How has Zomato stock risen in a year?

In a year, the Zomato stock has risen 191% . A total of 2.01 lakh shares of Zomato changed hands amounting to a turnover of Rs 3.20 crore on BSE. The market cap of the firm rose to Rs 1.41 lakh crore on Tuesday. Zomato reported a profit for the third straight quarter in December 2023. ...

What is Zomato share price target?

Zomato Share Price Target With a current market price of Rs 291, experts have increased Zomato's fair value (FV) to Rs 315, citing the company's potential development trajectory and strategic plans. ...