Zomato's Stock Target: A Yearly Outlook

CosmicTaco · 2025-03-17T10:32:40.767493+05:30

- JM Financial has issued a buy call on Zomato with a target price of Rs 280, while the current market price stands at Rs 206.65. - Zomato, a Small Cap company with a market cap of Rs 198874.43 crore, operates in the Services sector and was incorporated in 2010. - For the quarter ending 31-12-2024, Zomato reported a Consolidated Total Income of Rs 5,657 crore, marking a 12.69% increase from the previous quarter and a 61.31% rise from the same quarter last year. - The company achieved a net profit after tax of Rs 59 crore in the latest quarter, with top management including Mr. Kaushik Dutta and Mr. Deepinder Goyal. - Zomato is considered a market leader in its business segments, generating free cash flows and showing strong execution capabilities, making it preferable over Swiggy according to JM Financial. Source: [The Economic Times](https://economictimes.indiatimes.com/markets/stocks/recos/buy-zomato-target-price-rs-280-jm-financial/articleshow/118960912.cms), [Mint](https://www.livemint.com/market/live-blog/zomato-share-price-today-latest-live-updates-on-17-mar-2025-11742178736783.html)

JM Financial has issued a buy call on Zomato with a target price of Rs 280, while the current market price stands at Rs 206.65.
Zomato, a Small Cap company with a market cap of Rs 198874.43 crore, operates in the Services sector and was incorporated in 2010.
For the quarter ending 31-12-2024, Zomato reported a Consolidated Total Income of Rs 5,657 crore, marking a 12.69% increase from the previous quarter and a 61.31% rise from the same quarter last year.
The company achieved a net profit after tax of Rs 59 crore in the latest quarter, with top management including Mr. Kaushik Dutta and Mr. Deepinder Goyal.
Zomato is considered a market leader in its business segments, generating free cash flows and showing strong execution capabilities, making it preferable over Swiggy according to JM Financial.

Source: The Economic Times, Mint