Zomato share price today increased by ₹15.97 to close at ₹236.32 Today in Saturday’s trading session, Zomato share price has increased by 7.25% Zomato share price took support at the level of ₹207 and formed a double bottom pattern at this level and today this double bottom pattern broke out This breakout of Zomato share price happened with a very large volume This large volume in Zomato share price target has come again because FII holding in Zomato share is 47.31% Zomato is an e-commerce sector company Zomato’s market cap is 199746.50 crores
Zomato share price target
Zomato share price took support at the level of ₹ 207 and formed a double bottom pattern at this level and today this double bottom pattern broke out Today this breakout happened with a very large volume Talking about Zomato share price target, Zomato will touch its all-time high in 2 to 3 months. Zomato’s all-time high is ₹304. This month, the budget rally will run for 1 to 2 weeks and the market may remain bullish. After this, IPL will start next month in March and Zomato’s business is the highest during IPL, so at this time also Zomato’s stock will remain bullish and this bullishness will remain till the end of IPL, due to which Zomato will achieve the share price target which is ₹300.
Zomato Share Price Target 2025
Zomato share price target can increase by about 100 to 120 in 2025 from its current price, that is, Zomato can go from 350 to ₹360, which we got an idea of from the budget day itself because today Zomato share price increased by 7.25% in this race of its target. Budget rally runs in the market for one to two weeks in which Zomato share price target is achieved. To achieve this, he will participate in this rally. After this, IPL will start from March and will continue till May and Zomato shares run the most during IPL for price target.
Disclaimer
This information is for educational purpose only. Before making any investment and trading, you must take advice from your financial advisor.