Investing in stocks requires making informed decisions backed by thorough research and expert insights. If you are considering investing in Zomato shares, you’ve come to the right place. This blog provides a comprehensive analysis of Zomato’s share price target from 2024 to 2030. Our projections are based on the company’s growth trajectory, performance, and future outlook, providing you with the data necessary to make informed investment decisions.
What is Zomato?
Zomato is a leading multinational restaurant aggregator and food delivery service, established in 2008 and headquartered in Gurugram, India. The company offers restaurant information, menus, customer reviews, and food delivery from partner restaurants in select cities across India and internationally.
Overview of Zomato’s Share Price
Zomato has solidified its position as a key player in the food delivery industry, consistently expanding its services both in India and globally. With a focus on customer engagement and growth, the company has seen fluctuating but positive market performance.
- 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 shown volatility, reflecting the competitive and evolving nature of the food delivery market. Below are the projected share price targets for the company from 2024 to 2030:
| 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 popular trading platforms such as:
- Zerodha
- Upstox
- Groww
- Angel One
These platforms offer simple and user-friendly interfaces, making it easy to buy and sell Zomato stocks.
Competitors of Zomato
Zomato competes with several well-known players in the food delivery and restaurant aggregation sector, including:
- Swiggy
- Uber Eats
- Foodpanda
- Deliveroo
Investor Composition and Ratios for Zomato Shares
The company attracts a mix of institutional and retail investors, reflecting a strong confidence in its market position and growth prospects.
Advantages and Disadvantages of Zomato Shares
Advantages:
- Strong market presence and high brand recognition.
- Significant potential for growth in the food delivery space.
- Large and expanding customer base.
Disadvantages:
- High competition in the food delivery market.
- Earnings volatility due to fluctuating demand and operational challenges.
FAQs About Zomato Shares
- Who owns Zomato?
Zomato is a publicly listed company with shares owned by a combination of institutional investors and retail shareholders. - Should I invest in Zomato shares now?
Given its growth potential and solid market standing, Zomato could be a valuable investment. However, investors should be aware of the risks associated with the sector. - What is Zomato’s future growth potential?
Zomato is focusing on expanding its services and user base, which suggests strong growth potential in both food delivery and restaurant aggregation markets.
Conclusion
Zomato remains a key player in the food delivery industry, offering substantial growth opportunities and maintaining a solid market presence. Based on expert analysis, the company’s shares are expected to perform well in the coming years, making it a viable option for long-term investors.