Zomato shares trading at record high: Price targets, valuation, technicals and more

Zomato shares ended flat at Rs 157.45 on BSE on Monday. Zomato stock opened higher at Rs 157.50. In a year, the Zomato stock has risen 203% and climbed 26.47% in 2024. Shares of online food delivery platform Zomato Ltd are trading at their all-time high. The Zomato stock scaled its record high of Rs 160.40 in the previous session on BSE. The stock is trading in the overbought zone as the relative strength index (RSI) of Zomato stock stands at 73.3. Zomato shares are trading higher than the 10 day, 20 day, 50 day, 100 day and 200 day moving averages. It has seen very less volatility in the last one year with a beta of 0.2. The stock has a high price to book ratio of 8.23. It has a PE ratio of 118.57. The stock has a book value per share of 19.14. Zomato shares ended flat at Rs 157.45 on BSE on Monday. Zomato stock opened higher at Rs 157.50. In a year, the Zomato stock has risen 203% and climbed 26.47% in 2024. A total of 48.96 lakh shares of Zomato changed hands amounting to a turnover of Rs 77.35 crore on BSE. The market cap of the firm rose to Rs 1.38 lakh crore on Monday.