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Zomato Share Price: As Zomato turns profitable, brokerages rush to raise their target prices

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. ....

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Zomato stock climbs 15% amid strong market rally

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.

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