Share of Zomato Limited is currently trading at around Rs.113/- Some Investors want to know about the Zomato Share Price in 2025. Some investors are also asking for the Zomato Share Price Target from 2023 to 2030. In this article, we will discuss about the business prospects and financial performance of Zomato Limited and based on our discussion and analysis will tell you the Zomato Share Price Target from 2023 to 2030. We will also answer the question as to what will be the Zomato Share Price in 2025.
Following are the frequently asked questions by the existing as well as prospective investors, about Zomato Limited. We will answer all these questions in this article:
- What will be Zomato share price in 2023?
- What is the future of Zomato shares?
- Is it good to invest in Zomato 2023?
- Is Zomato a good buy for long-term?
- Is Zomato profitable in future?
Discussion & Analysis of Business & Financial performance as well as future business prospects of Zomato Limited:
Zomato Limited is a leading online food delivery company in India, with a market share of over 50%. The company has been growing rapidly in recent years, and its future business prospects look very bright.
There are a number of factors that will drive Zomato’s growth in the coming years, including:
- Increasing smartphone penetration and internet access: India has one of the fastest-growing smartphone markets in the world, and internet access is also becoming increasingly widespread. This will make it easier for more people to use Zomato’s app to order food.
- Rising disposable incomes: The Indian economy is growing rapidly, and disposable incomes are rising. This will lead to increased demand for online food delivery services.
- Growing urbanization: India is one of the most urbanizing countries in the world. This is leading to a growing demand for convenient and affordable food delivery services.
- Expansion into new verticals: Zomato is expanding into new verticals such as grocery delivery and quick commerce. This will help the company to increase its revenue and profitability.
In addition to these factors, Zomato is also well-positioned to benefit from the following trends:
- The shift to online ordering: More and more people are ordering food online, rather than dining out. This trend is being driven by the convenience and affordability of online food delivery services.
- The growth of the quick commerce market: The quick commerce market is growing rapidly in India. This market is driven by the demand for fast and convenient delivery of essential items such as groceries and medicines.
- The increasing popularity of prepared meals: Prepared meals are becoming increasingly popular in India, as people are becoming busier and have less time to cook. Zomato is well-positioned to capitalize on this trend by offering a wide variety of prepared meals from different restaurants.
Zomato’s key strengths
Zomato has a number of key strengths that will help it to maintain its market leadership position and grow its business in the coming years:
- Strong brand recognition: Zomato is one of the most well-known brands in the Indian online food delivery market. The company has a strong customer base and a loyal following.
- Wide network of restaurants: Zomato has a wide network of restaurants that partner with it to offer food delivery services. This gives Zomato a competitive advantage over its rivals.
- Efficient delivery network: Zomato has an efficient delivery network that enables it to deliver food to customers quickly and reliably.
- Innovative technology: Zomato is constantly innovating and developing new technologies to improve its services. For example, the company recently launched a new feature called “Zomato Instant” that allows customers to get food delivered in just 10 minutes.
Zomato’s key challenges
Despite its strengths, Zomato also faces a number of challenges:
- Competition: The online food delivery market in India is highly competitive, with players such as Swiggy and Dunzo vying for market share. Zomato needs to continue to innovate and improve its services in order to maintain its market leadership position.
- Profitability: Zomato is not yet profitable. The company is investing heavily in its growth, which is leading to losses. However, the company is expected to become profitable in the near future.
- Regulatory challenges: The online food delivery industry is facing a number of regulatory challenges in India. For example, the government has introduced new regulations that require online food delivery companies to share customer data with the government. These regulations could impact Zomato’s business.
Overall, Zomato’s future business prospects look very bright. The company is well-positioned to benefit from the growing demand for online food delivery services in India. Zomato has a number of key strengths, including a strong brand recognition, a wide network of restaurants, an efficient delivery network, and innovative technology. However, the company also faces a number of challenges, such as competition, profitability, and regulatory challenges. Despite these challenges, Zomato is expected to continue to grow its business in the coming years.
Share Price Targets:
Zomato Share Price in 2023
Based on the above discussion and analysis, the share price of Zomato may touch the level of around Rs.125-150 in 2023.
Zomato Share Price in 2024
Based on the above discussion and analysis, the share price of Zomato is likely to touch the level of around Rs.155-200 in 2024.
Zomato Share Price in 2025
Based on the above discussion and analysis, the share price of Zomato is likely to remain in the range of Rs.225-250 in 2025.
Zomato Share Price in 2026
Based on the above discussion and analysis, the share price of Zomato may touch the level of around Rs.275-300 in 2026.
Zomato Share Price in 2027
Based on the above discussion and analysis, the share price of Zomato is likely to touch the level of around Rs.325-350 in 2027.
Zomato Share Price in 2028
Based on the above discussion and analysis, the share price of Zomato is likely to remain in the range of Rs.375-400 in 2028.
Zomato Share Price in 2029
Based on the above discussion and analysis, the share price of Zomato may touch the level of around Rs.425-450 in 2029.
Zomato Share Price in 2030
Based on the above discussion and analysis, the share price of Zomato is likely to touch the level of around Rs.475-500 in 2030.
Disclaimer: Investment in Capital Market/Share Prices are subject to market fluctuations and are dependent on several factors. These predictions are based on the current market conditions and the future market expectations. Investors are advised to take into consideration all these factors before making any investment in Capital Market. This article should not be treated as Investment advisory and is for general Guidance & Educational purpose only. We keep revising our share price targets based on the latest information available with us. Please keep visiting our website regularly to keep yourself updated. MoneyInsight does not offer investment advice and does not encourage any action based on its content.
Read Also:
KPIT Share Price Target 2023,2024, 2025 to 2030 – MoneyInsight
Also Read :
How to make money from share market? (indiatimes.com)
Visit our Website regularly for more such Educational Research Articles: