Introduction: The Rise of Zomato in India’s Digital Economy
Imagine ordering your favorite biryani with a few taps on your phone, delivered to your doorstep in under 30 minutes. This seamless experience, now a staple for millions of Indians, is largely thanks to Zomato Share Price. From its humble beginnings as a restaurant review platform in 2008, Zomato has grown into a powerhouse in food delivery, quick commerce, and restaurant discovery. But for investors, the real question isn’t about the convenience of ordering food—it’s about the future of Zomato share price. What will Zomato’s stock be worth in 2030?
As of July 18, 2025, Zomato share price hovers around Rs 257.20 on both the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE). With a market capitalization of approximately Rs 2.48 lakh crore, Zomato is a leader in India’s services sector. This article dives deep into Zomato share price history, current performance, and expert predictions for 2025 and 2030, tailored for Indian investors. Whether you’re a seasoned trader or a curious beginner, this guide will help you navigate the opportunities and risks of investing in Zomato.
Understanding Zomato Share Price
Zomato, listed as Eternal Ltd. on NSE and BSE under the ticker ETERNAL, operates a multifaceted platform that connects users, restaurants, and delivery partners. Its core businesses include:
- Food Delivery: Facilitating online food ordering and delivery across India and 24 other countries.
- Quick Commerce: Through its subsidiary Blinkit, offering rapid delivery of groceries and essentials.
- Restaurant Discovery: Providing restaurant reviews, menus, and booking services.
As of July 18, 2025, Zomato share price is Rs 257.20, reflecting a dynamic market response to its growth and challenges. The company’s financial turnaround, with a net profit of Rs 63 crore in FY23 compared to prior losses, has bolstered investor confidence. According to Economic Times, Zomato’s market cap ranks it first in the services sector, highlighting its prominence.
Why Zomato’s Stock Matters to Indian Investors
For Indian investors, Zomato represents a unique opportunity to invest in a homegrown tech giant. Its inclusion in major indices like Nifty 50 and BSE Sensex, combined with its rapid growth, makes it a compelling choice. However, its volatility—evident in its 52-week range of Rs 194.80 to Rs 304.70—underscores the need for thorough analysis.
Zomato Share Price History: A Rollercoaster Ride
Zomato share price journey since its 2021 IPO has been eventful. The stock surged 129% from its 52-week low of Rs 121.70 in January 2024 to a high of Rs 304.70 in December 2024, only to correct by 8.7% recently (Business Today). This volatility reflects the high-growth nature of tech stocks, influenced by market sentiment, competition, and economic factors.
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| Metric | Details |
|---|---|
| 52-Week High | Rs 304.70 |
| 52-Week Low | Rs 194.80 |
| Current Price | Rs 257.20 (as of July 18, 2025) |
| Market Cap | Rs 2,48,207 Cr |
| PE Ratio | 470.98 |
| PB Ratio | 8.27 |
The chart at the beginning of this article illustrates Zomato’s price trend from 2024 to 2025, showing its upward trajectory with periodic corrections.
Zomato Share Price on BSE and NSE
Zomato’s shares are traded on both BSE (code: 543320) and NSE (symbol: ETERNAL). As of July 18, 2025, the price on both exchanges is Rs 257.20, with a trading volume of 1,35,84,890 shares and a VWAP (Volume Weighted Average Price) of Rs 257.71 (Economic Times). The synchronized pricing across exchanges reflects high liquidity and investor interest.
| Exchange | Price (Rs) | Key Indices |
|---|---|---|
| BSE | 257.20 | BSE Sensex, BSE 500 |
| NSE | 257.20 | Nifty 50, Nifty 100, Nifty 200, Nifty 500 |
Analyst Predictions for Zomato Share Price: 2025 and 2030
Analysts are generally bullish on Zomato, with a mean recommendation of “BUY” from 28 analysts (Economic Times). Near-term targets for 2025 include:
- ICICI Securities: Rs 310 (BUY)
- JM Financial: Rs 280 (BUY)
- Morgan Stanley: Rs 355 (Overweight)
- Bernstein: Rs 335 (Outperform)
- CLSA: Rs 370 (Outperform)
For 2030, long-term forecasts vary due to the speculative nature of extended projections:
- Walletinvestor: Predicts a price of Rs 475.13 by May 2030, suggesting a 97.97% increase from the current price (Walletinvestor).
- Exla Resources: Estimates a range of Rs 771.13 – Rs 1,926 by 2030, reflecting high growth potential (Exla Resources).
- Figw.in: Projects a range of Rs 1,055.80 – Rs 1,285.80, with an average of Rs 1,183.00, indicating a potential 482% increase from Rs 203.15 (as of May 2025) (Figw.in).
These projections are based on Zomato’s strong fundamentals, market expansion, and innovation, but the wide range highlights the uncertainty of long-term forecasts.
Factors Driving Zomato Share Price Growth
Zomato’s growth potential is driven by several key factors:
- Market Leadership:
- Zomato holds a near-40% market share in India’s food delivery sector, outpacing competitors like Swiggy in city presence (Business Today).
- Its quick commerce arm, Blinkit, is gaining traction in India’s retail market.
- Financial Performance:
- Revenue: Rs 7,079 crore in FY23, up 91% YoY (Kotak Securities).
- Net Profit: Rs 63 crore in FY23, marking a shift from prior losses.
- FY25 Financials: Total revenue of Rs 21,320 crore, PAT of Rs 527 crore, and an operating profit margin of 4.2% (Economic Times).
- Innovation and Diversification:
- Zomato’s District app introduced Retail and Activities tabs to enhance user engagement (INDmoney).
- Blinkit’s rapid growth is expected to contribute significantly to Zomato’s valuation, with Morgan Stanley valuing it at Rs 212/share compared to the market’s Rs 120/share (Business Today).
- Macro Trends:
- India’s increasing urbanization and disposable incomes are boosting demand for online food delivery and quick commerce.
- The quick commerce sector is expected to grow significantly by 2030, benefiting Zomato (INDmoney).
Challenges and Risks
Despite its promising outlook, Zomato faces several challenges:
- Competition: Swiggy’s higher user frequency in certain markets poses a threat (Business Today).
- Regulatory Risks: Operating in 24 countries, Zomato must navigate diverse regulatory landscapes.
- Economic Volatility: Inflation, interest rate hikes, or geopolitical issues could impact consumer spending and investor sentiment.
- Execution Risks: Aggressive expansion in quick commerce requires flawless execution to meet investor expectations.
Optimizing for Zomato Share Price Analysis in 2025
To make informed investment decisions, consider these tips:
- Monitor Financial Reports: Regularly check Zomato’s quarterly results and annual reports on platforms like Moneycontrol.
- Track Analyst Ratings: Follow updates from firms like Morgan Stanley and Bernstein for the latest price targets.
- Diversify Investments: Balance Zomato investments with other assets to mitigate volatility risks.
- Use Technical Analysis: Monitor indicators like RSI and moving averages to gauge short-term trends (Figw.in).
FAQs: Zomato Share Price
What is the current share price of Zomato?
As of July 18, 2025, Zomato share price is approximately Rs 257.20 on both NSE and BSE (Economic Times).
What are the 52-week high and low for Zomato shares?
The 52-week high is Rs 304.70, and the low is Rs 194.80 (Economic Times).
What are the analyst price targets for Zomato in 2030?
Analyst predictions for 2030 range from Rs 475.13 (Walletinvestor) to Rs 771.13 – Rs 1,926 (Exla Resources) and Rs 1,055.80 – Rs 1,285.80 (Figw.in) (Walletinvestor, Exla Resources, Figw.in).
Is Zomato profitable?
Yes, Zomato reported a net profit of Rs 63 crore in FY23, marking a significant milestone (Kotak Securities).
How does Zomato compare to Swiggy?
Zomato has a wider city presence, while Swiggy has a higher user frequency. Zomato’s gross order value per restaurant is higher (Business Today).
Where can I find more information about Zomato’s financial performance?
Check Economic Times, Moneycontrol, and Zomato’s official investor relations page for detailed reports.
Conclusion: Navigating Zomato’s Future
Zomato’s journey from a restaurant review blog to a food tech titan is a testament to its innovation and adaptability. With a current share price of Rs 257.20 and analyst targets for 2030 ranging from Rs 475.13 to Rs 1,926, Zomato offers significant growth potential for Indian investors. Its leadership in food delivery, expansion in quick commerce, and improving financials make it a compelling investment, but challenges like competition and economic volatility require caution.
For those eager to dive deeper, staying updated with Zomato’s financials, analyst reports, and market trends is crucial. Want more tailored insights? Join our free Slack community for real-time discussions with fellow investors, or grab our free Zomato Investment Checklist to guide your decisions.
