Zomato Share Prices Defy Opening Growth, Close 0.65% Lower

4th April, 2025 / 3:30 PM

Zomato share prices have finally closed for 4th April at ₹210.46, which is about 0.65% lower than the opening price of ₹211.84 for the day. Incidentally, the company pleasantly surprised analysts after closing 4.02% higher than the opening price yesterday at ₹211 and then opening 0.39% higher today. What makes the story interesting is that the stock opened below the closing price on 3rd April. Midday trends, however, demonstrated that prices were losing steam as they touched ₹210.76, coming down by 0.50% from the opening figures. There was an early peak to ₹211.99 before a plunge to ₹206.06 and then a slight recovery to the midday figures.

4th April, 2025 / 12:30 PM

Zomato share prices came down by 0.50%, touching ₹210.76 by midday, as compared to the opening price of ₹211.84 today. However, Zomato share prices saw a massive surge yesterday, closing 4.02% higher than the opening price for 3rd April. The momentum continued positively today, as it opened 0.39% more than the closing price. However, the momentum seems to have abated, with the midday dip.

The stock peaked early to ₹211.99 before plunging down to ₹206.06 and then recovering gradually to ₹211.40 and touching the midday figure after another slight drop. It remains to be seen how the share prices hold up by the close, considering how news of layoffs at the company and also Goldman Sachs’ maintenance of the Buy rating impact it today. 

4th April, 2025 / 9:30 AM

Zomato share prices opened at ₹211.84 today, which is around 0.39% more than yesterday’s closing price of ₹211 (3rd April). However, what makes the story more compelling is that the latter was 1.36% higher than the opening price of ₹208.15 for 3rd April. Also, the prices started surging from midday after opening 1.67% lower than the closing price of ₹211.70 on 2nd April. The opening price on 2nd April was also higher than the 1st April closing price, which means that Zomato has repeated this trend all over again today. 

Of course, there are reports of layoffs at the company and the rebranding as Eternal may still affect share prices yet. But Zomato is no stranger to late surges, since it closed a whopping 4.02% higher than the opening price on 2nd April as well. Will today be a hat trick of closing above the opening prices? We’ll have to wait to find out. 

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