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zomato share price

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zomato share price, Zomato's share price has been on the rise lately and is currently trading at around INR 62. The company's strong financials and positive analyst recommendations are driving the stock price up. Zomato is a leading online food ordering and delivery platform in India with a large customer base. The company is expected to continue growing at a fast pace, which makes it a good investment option.

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<h2>zomato share price</h2>
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zomato share price

Zomato's share price has been on a roller coaster ride in recent weeks. After a successful debut on the stock market, the shares fell sharply in value. However, interest in the company remains high and there is potential for the share price to rebound.

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zomato share price
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What is zomato?

What is zomato?

Zomato is a Indian-based company principally engaged in providing various information and analyses through its internet portal. The company went public in 2019, and since then its stock price has seen significant growth. Today, Zomato shares are traded on the stock market at a price of 61.30. This makes it a great investment for those looking to get involved in the ever-growing online information industry.

History of zomato

History of zomato

Zomato Limited is an India-based company principally engaged in Internet portal providing various information, and was founded in 2008. The company went public in 2019 and its share price has increased significantly since then. The company's share price reached a high of 61.30 in 2020 and has since been volatile. Despite this volatility, the company's share price has remained relatively stable over the past year.

Why invest in zomato?

Why invest in zomato?

Zomato is a food delivery and restaurant discovery platform that operates in 23 countries. The company was founded in 2008 by Deepinder Goyal and Pankaj Chaddah. Zomato has over 80 million monthly active users and over 1.4 million restaurants listed on its platform. The company went public in April 2019 and is listed on the National Stock Exchange of India.

Zomato has seen strong growth in recent years, with revenue increasing from $74 million in FY2017 to $205 million in FY2019. The company has been profitable on a EBITDA basis since FY2018. Zomato's success is due to its focus on technology and innovation, as well as its large user base.

Investors should consider buying Zomato shares as the company is well-positioned to benefit from the growing trend of online food ordering and delivery. Zomato is also expanding into new markets and categories, which will further boost growth

The business model of zomato

The business model of zomato

The business model of zomato is simple yet effective. Customers use the website or app to search, discover and explore different restaurants. Zomato business model revolves around providing food delivery services, information, user reviews, and menus of partner restaurants. While developing groceries ordering apps may not be right for all businesses, they do offer a positive return on investment for many companies. The key components or elements of the Zomato Business Model are disentangled below to understand the management of its operations and revenue generation.

Zomato makes money through different methods like charging restaurants for featuring their menus on its platform, advertisements and also by delivering food from partner restaurants. Zomato has been successfully able to create a large customer base and it is one of the most popular food delivery platforms in India.

Zomato\'s share price performance

Zomato\'s share price performance

Zomato\'s share price has been on a tear lately, rising around 80% in the last month. This impressive performance is based on strong fundamentals, with robust growth prospects and a strong market position. Investors are clearly bullish on the company\'s prospects, and there is good reason to believe that the share price will continue to rise in the future.

Zomato\'s share price forecast

Zomato\'s share price forecast

Zomato's share price is forecast to rise by 80 percent. This is based on the current real-time share price and the chart analysis. The company's fundamental data and analysis are also positive factors in this forecast.

How to buy zomato shares? <br /><br /><br /><br /><br /> Conclusion

How to buy zomato shares?

Conclusion

From the above information, it is clear that Zomato shares are available for purchase under the security number 110296706 and the ISIN INE758T01015.