Zomato share price today: Zomato shares, which closed at Rs 100.50 on January 25, 2022, managed to reclaim the Rs 100 mark after a gap of over 18 months in today’s session.
Zomato Share Price: Shares of Zomato Ltd saw a wave of increase in target price by several brokerages after the firm turned profitable for the first time. Meanwhile, many of the brokerages have maintained their ratings on the stock.
Shares of Zomato rose over 15 per cent amid a strong market rally today. The large cap stock gained 15.31 percent to Rs 71.55 against the previous close of Rs 62.05 on BSE. Later, the stock closed 14.75 percent higher at Rs 71.20. Zomato stock has gained 12.43 percent in the last two days. Zomato shares stand higher than 5-day and 20-day moving averages but lower than 50-day, 100-day and 200-day moving averages.