Zomato Share Price Target 2024 : The stock we are telling you about today was priced at around Rs 60 in December 2022, 2 years ago. By the time the market closed on December 29, its price had reached close to 280. There is still scope for further growth in it! Because now brokerage firm Jefferies is also very bullish about the shares of food delivery aggregator Zomato Limited. It has given a Buy rating on Zomato shares. The brokerage firm says that food delivery company Zomato has launched the 'District' app, which is a one-stop destination for going out. According to Zomato management, this is the theme for the next decade. It said that starting with dining out and ticketing, new use cases will emerge. Meanwhile, the company announced the closure of QIP of Rs 8500 crore at an issue price of Rs 252.62 per share.

Zomato Share Price Target 2024

Jefferies has maintained a buy rating with a target price of Rs 335. The brokerage firm said the industry is still in its infancy as the current TAM may be limited, but food supply and QC have been like this until some time ago.

tomato share price history

Zomato is an element of the BSE 100. According to BSE Analytics (as of November 29), Zomato Ltd. shares have given a positive return of 7.25 percent and 6.12 percent in the last 1 week and 2 weeks respectively. In the last 1 month and 3 months, the company's shares have gained 12.66 percent and 13.11 per percent a YTD basis, the company's shares have gained 129.80 per percent in the last 1 year, 2 years and ,,3 years, the company's shares have gained 151.41 perpercent44.25 per percent ,93.05 per percent actively.