Zomato Shows Short-Term Gains Amid Long-Term Underperformance Concerns

Jan 29 2025 10:20 AM IST
share
Share Via
Zomato has experienced notable trading activity, gaining 3.0% on January 29, 2025, and achieving a two-day rise of 4.05%. Despite this, the stock remains below key moving averages and has faced a significant decline of 20.84% over the past month, contrasting with the broader market trends.
Zomato, a prominent player in the IT - Software sector, has shown notable activity today, gaining 3.0% on January 29, 2025. This performance marks a consecutive gain for the stock, which has risen 4.05% over the past two days, outperforming its sector by 1.08%.

During today's trading session, Zomato reached an intraday high of Rs 214.6, reflecting a 3% increase. However, it is important to note that the stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a potential trend of underperformance over a longer time frame.

In terms of broader market context, Zomato's one-day performance of 3.02% stands in contrast to the Sensex, which recorded a modest gain of 0.41%. Over the past month, Zomato has faced challenges, with a decline of 20.84%, compared to the Sensex's decrease of 3.16%. These metrics highlight the stock's recent volatility and its position within the market landscape.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News