Zomato Closes at ₹211, Holding Gains Despite Midday Surge

3rd April, 2025 / 3:30 PM

Zomato share prices defied the midday surge by closing at ₹211, which is approximately 1.36% higher than the opening price of ₹208.15 today (3rd April). The prices were at ₹211.67 at midday, which marked a major surge of 1.69% as compared to the opening price. At the same time, the stock performance was slightly disappointing at the opening, when it fell 1.67% in comparison to the closing price of ₹211.70 yesterday (2nd April).

What’s the story been over the last few days? The stock has closed higher than its opening price today, which is the same as yesterday, when it closed by an even bigger margin over the opening numbers (4.02% higher). Yet, the opening price on 2nd April was higher than the closing price on 1st April before today’s initial plunge. With reports of layoffs and other concerns, how the stock prices play out is a matter of great interest for analysts in the near future. 

3rd April, 2025 / 12:30 PM

Zomato share prices are now at ₹211.67, which is about 1.69% higher than today’s opening price of ₹208.15. What’s interesting is that the stock did not perform as well yesterday, although it finally recovered and closed out the day with an increase of 4.02% over the opening price. Today’s opening price, on the other hand, was surprisingly 1.67% lower than yesterday’s closing price. However, a rise in the price by midday may see Zomato repeating yesterday’s pattern, as per the expectations of several investors.

The stock peaked early on, touching ₹213.79 and then came down crashing to ₹209.83 earlier in the day. Thereafter, it was slightly negative in terms of the growth curve, before it started rising steadily and eventually tumbled just a little to reach the midday prices.

3rd April, 2025 / 9:30 AM

Zomato share prices opened today (3rd April) at ₹208.15, which is about 1.67% lower than the closing price of ₹211.70 yesterday (2nd April). This trend defies the expectations of several analysts and investors who were enthused by the stock’s encouraging performance yesterday, where it closed by a handsome 4.02% more than the opening price of ₹203.50. Also, the latter was also higher than the opening price of ₹202.01 on 1st April (by 0.73%). These developments kept expectations higher despite minor fluctuations in midday trading yesterday. 

News of the company laying off 600 employees has also emerged recently, which may have impacted stock prices, although there was a positive development too, in the form of Goldman Sachs acquiring a stake in it. Zomato has also released ESOPs worth ₹4.42 crore as per its latest updates, and it may affect share prices today. 

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