Zomato (Eternal Ltd) Rises 0.71% to ₹222.08 on Midday Rebound, Investors Eye Q4 Results

16th April, 2025 / 3:30 PM

Eternal Limited (Zomato) saw an impressive midday run, with share prices touching ₹221.55 and growing by 0.47% over the opening price of ₹220.51 today (16th April). This came after a plunge to ₹218.47 and a peak at ₹222.32 before it settled at the midday figures. This development delighted investors, especially after the opening prices were lower than yesterday’s closing figures of ₹222.23 by about 0.77%.

At the same time, the opening price on 15th April was higher than the closing price on 11th April by a decent margin. The midday growth has clearly been sustained, with share prices closing at ₹222.08 today, which is about 0.71% higher than the opening figures. The company continues to be in focus with anticipation regarding its upcoming Q4 results, liquidation of its inactive subsidiary in the Netherlands, and a JM Financial forecast which states that food delivery growth may be moderate for the quarter, although dark store expansion may augur well for the future.

16th April, 2025 / 12:30 PM

Eternal Limited (Zomato) has posted 0.47% growth over the opening prices today (16th April), i.e., ₹220.51 by midday, reaching ₹221.55 in this period. The lowest point was ₹218.47, while the peak came at ₹222.32 before it came down to the midday numbers again. The company also opened lower than yesterday’s closing price by around 0.77%.

It remains to be seen whether it can shake past the slump completely and maintain the growth trend seen at midday, particularly with eager anticipation regarding its Q4 financial results and news of the company liquidating its inactive subsidiary in the Netherlands.

16th April, 2025 / 9:30 AM

Eternal Limited (Zomato) has seen its share prices plunging by 0.77% at market opening today (16th April), touching ₹220.51 as compared to the closing price of ₹222.23 yesterday (15th April). This was also lower than the opening price of ₹224.25 on 15th April that was itself higher than the closing price of ₹217.20 on 11th April by a sizable margin. 

This points to fluctuating trends for the stock, which has been in the news for investor expectations regarding its upcoming Q4 financial results and the liquidation of its inactive Netherlands subsidiary. It remains to be seen whether share prices can arrest the slide by midday.

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