Zomato Share Prices Stay Above Opening Threshold By Midday

26th March, 2025 / 12:30 PM

Zomato share prices touched ₹204.22 by midday, which is 0.92% higher than the opening price of ₹202.35. However, the stock did not start strong, plunging by about 3.73% at the opening in comparison to the previous closing price of ₹210.20. The lowest point for the stock today has been ₹202.41, while the highest price was ₹206.72.

It has mostly been on a downward-facing spiral today, even though the midday prices are marginally better than the opening threshold. Zomato has been in the news for growing competition across its QC business and the possible IPO of its market rival Zepto. It remains to be seen how the share prices will play out by the end of the day. 

26th March, 2025 / 9:30 AM

Zomato share prices continued their downward spiral on March 26, opening at ₹202.35 as compared to the closing price of ₹210.20 on March 25. This indicates de-growth of about 3.73% and the trend looks similar to yesterday, when the closing price was 6.07% lower than the opening price of ₹223.80. The latter, however, was higher than the closing price of ₹222.80 on March 24 (0.44%) while the opening price of ₹228.80 on March 24 was higher than the closing price of ₹227.52 on March 21. After two straight days of opening above the closing price, the stock has reversed the trend today. 

With market rival Zepto going towards an IPO, the stock has been fluctuating for quite some time now. At the same time, caution regarding the future of its quick commerce business may also impact the stock going forward, along with upcoming fund inflows and other developments. 

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