Zomato share price rose 0.47%

Business Business:Today 28th November at 11:24 pm, ZomatoZomatoShares of are trading at ₹285.85, up 0.47% from the previous closing price. Sensex is trading at ₹79426.11, down -1.01%. The stock hit a high of ₹288.25 and a low of ₹282.3 during the day.r is touchedOn the technical front, the stock is trading above short term simple moving averages of 5, 10, 20 days as well as long term moving averages of 50, 100 and 300 days. The SMA values ​​for the stock are given below:

day simple moving average

5 269.31

10 264.33

20 256.92

50 267.77

100 253.24

300 241.11

Classic pivot level analysis shows that on the daily time frame, the stock has key resistances at ₹289.88, ₹295.26, and ₹300.82, while it has key support levels at ₹278.94, ₹273.38, and ₹268.0.

Zomato share price today

From the fundamental analysis point of view, the company's ROE is 1.76% and ROA is 1.56% respectively. The current P/E of the stock stands at 339.70 and P/B at 11.63.

The average 1-year predicted upside for this stock is 6.70% with a target price of ₹305.00.

The company has 0.00% promoter holding, 13.57% MF holding and 47.28% FII holding, as per September quarter filing.

MF holding has increased from 12.52% in June to 13.57% in the September quarter.

FII holding has increased from 46.13% in June to 47.28% in the September quarter.

Zomato's share price is up 0.47% today, currently at ₹285.85, while its rivals are in the red. Overall, benchmark indices Nifty and Sensex are down -0.77% and -1.01% respectively.

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