Zomato Ltd. (ETERNAL) Share Price Surges 3.23% Today

Zomato Ltd. Share Price rises 3.23% to Rs 305.3, marking a significant gain in the Large Cap category.

Zomato Ltd. Share Price has surged by 3.23% today, reaching Rs 305.3. This rise is notable within the Large Cap category, where the qualifying threshold for a significant price movement is set at 3%. With a market capitalisation of Rs 2,70,209.82 crore, Zomato Ltd. has captured investor attention. The stock opened at Rs 295.75, matching its previous close, and reached a high of Rs 305.9 before settling at the current price. This movement places Zomato Ltd. among the top gainers in its sector today.

Zomato Ltd. Share Price Today: Price Action Analysis

Metric	Value
Current Price	Rs 305.3
Previous Close	Rs 295.75
Today's Change	+Rs 9.55 (+3.23%)
Day Open	Rs 295.75
Day High	Rs 305.9
Day Low	Rs 294.05
Current Volume (BSE)	13,20,559
BSE Traded Volume	13,20,559
NSE Traded Volume	3,09,62,505
Combined NSE + BSE Volume	3,22,83,064
Turnover	Rs 40.32 crore
Market Capitalisation	Rs 2,70,209.82 crore
Market Cap Category	Large Cap
Qualifying Threshold Cleared	3%

Today's trading session saw Zomato Ltd. open at Rs 295.75, identical to its previous close. The stock quickly gained momentum, reaching a high of Rs 305.9 and a low of Rs 294.05, before closing at Rs 305.3. This 3.23% increase is significant, especially as it surpasses the 3% threshold set for Large Cap stocks. The total volume of shares traded was 3,22,83,064, with the majority of activity occurring on the NSE, indicating robust investor interest.

The turnover for the day stood at Rs 40.32 crore, reflecting substantial trading activity. The stock's performance today positions it as a top gainer in the Retailing sector. Despite the lack of a specific catalyst in the data, the price action suggests a positive sentiment among investors. This surge in share price could attract further attention from market participants looking for opportunities in the Retailing sector.

Zomato Ltd. Fundamental Analysis

Metric	Value
Market Capitalisation	Rs 2,70,209.82 crore
P/E Ratio	23.17x
P/B Ratio	5.42x
ROE	0%
ROCE	0%

Zomato Ltd. was valued at a P/E ratio of 23.17x, a P/B ratio of 5.42x. These multiples provide valuation context, but they should not be labelled expensive or inexpensive without a comparable peer or sector benchmark.

Profitability and capital efficiency were represented by ROE of 0% and ROCE of 0%. ROE relates profit to shareholder equity, while ROCE measures returns generated on the capital employed in the business.

Zomato Ltd. boasts a market capitalisation of Rs 2,70,209.82 crore, placing it firmly in the Large Cap category. The company's P/E ratio stands at 23.17, aligning closely with the sector's average of 23.61, indicating a valuation in line with industry norms. However, its P/B ratio of 5.42 is significantly higher than the sector's average of 1.94, suggesting a premium valuation relative to its book value.

While Zomato Ltd. currently shows an ROE and ROCE of 0, which may raise concerns about profitability, the company's market position and growth potential remain areas of interest. Nonetheless, the company's substantial market cap and alignment with sector averages in P/E ratio highlight its relevance in the Retailing sector.

Sector and Industry Context

Metric	Value
Sector	Retailing
Benchmark Scope	same sector
Companies in Benchmark	63
Company P/E Ratio	23.17x
Benchmark Median P/E	12.83x
Benchmark Average P/E	23.61x
Benchmark P/E Range	0x to 295.08x
Companies with P/E Data	63
Company P/B Ratio	5.42x
Benchmark Median P/B	1.75x
Company ROE	0%
Benchmark Median ROE	0.92%
Company ROCE	0%
Benchmark Median ROCE	6.38%
Company Market Capitalisation	Rs 2,70,209.82 crore
Benchmark Median Market Cap	Rs 84.13 crore

Zomato Ltd. (ETERNAL) is classified under sector: Retailing. The numerical benchmark uses 63 same sector companies from the supplied master-data set.

Zomato Ltd. (ETERNAL) has a P/E ratio of 23.17x, which is above the benchmark median of 12.83x, a difference of +80.59%. The benchmark contains 63 companies with P/E data, ranging from 0x to 295.08x. P/E is a valuation multiple and is not, by itself, a buy or sell signal.

Zomato Ltd. (ETERNAL) has a ROE of 0%, which is below the benchmark median of 0.92%, a difference of -100%. Zomato Ltd. (ETERNAL) has a ROCE of 0%, which is below the benchmark median of 6.38%, a difference of -100%.

Track today's top gainers through the Univest top gainers screener. The peer table below provides the company-level comparison.

Zomato Ltd. operates within the Retailing sector, which comprises 63 companies. The sector's P/E ratio ranges from 0 to 295.08, with a median of 12.83. Zomato Ltd.'s P/E ratio of 23.17 is above the sector median, indicating a relatively higher valuation. The sector's P/B ratio averages 1.94, with Zomato Ltd.'s 5.42 marking a significant premium.

The sector's ROE and ROCE averages are 9.23% and 9.77%, respectively. Zomato Ltd.'s current ROE and ROCE of 0 suggest room for improvement in profitability metrics. Despite this, the company's large market cap of Rs 2,70,209.82 crore positions it as a significant player within the sector. The Retailing sector's diverse range of companies and valuations provides a competitive landscape for Zomato Ltd. to navigate.

Peer Comparison

Company	Symbol	Market Cap (Cr)	P/E	P/B	ROE (%)	ROCE (%)
SHANKARA BUILDPRO LIMITED	BUILDPRO	3,000.13	23.17	5.42	0	0
Baazar Style Retail Ltd.	STYLEBAAZA-BE	2,162.87	44.78	4.2	-18.54	7.68
Go Fashion (India) Ltd.	GOCOLORS	1,704.64	29.29	2.51	-1.5	6.38
Sai Silks (Kalamandir) Ltd.	KALAMANDIR	1,357.29	9.82	1.04	20.13	19.44
PNGS REVA DIAMOND JEWEL L	PNGSREVA	1,311.05	20.28	2.54	6.57	5.33

Zomato Ltd. (ETERNAL) has a P/E ratio of 23.17x compared with the displayed peer median of 23.17x. This is a relative valuation comparison, not a buy or sell signal. Its ROE of 0% compares with a peer median of 0% across the companies shown in the table. ROCE stood at 0% versus the displayed peer median of 6.38%, providing a capital-efficiency comparison. Zomato Ltd. (ETERNAL) has a market capitalisation of Rs 2,70,209.82 crore. Among the 5 peers shown, 0 have a larger market capitalisation.

In comparison to its peers, Zomato Ltd. holds a substantial market cap of Rs 2,70,209.82 crore. Its P/E ratio of 23.17 is comparable to Shankara Buildpro Limited's 23.17 but lower than Baazar Style Retail Ltd.'s 44.78. Zomato Ltd.'s P/B ratio of 5.42 is higher than most peers, indicating a premium valuation.

While Zomato Ltd. currently shows an ROE and ROCE of 0, its market cap surpasses peers like Sai Silks (Kalamandir) Ltd. and PNGS REVA DIAMOND JEWEL L. This comparison highlights Zomato Ltd.'s strong market presence despite challenges in profitability metrics.

Why Investors Are Watching Zomato Ltd.

Investors are closely monitoring Zomato Ltd. due to its recent price surge and market position. Key factors include:

• Significant 3.23% price rise today, surpassing the Large Cap threshold.
• Strong trading volume, indicating heightened investor interest.
• Valuation metrics aligning with sector averages, despite premium P/B ratio.
• Large market cap positioning within the Retailing sector.

As Zomato Ltd. continues to navigate the competitive Retailing sector, investors should monitor its profitability metrics and market developments for potential opportunities.

About Zomato Ltd.

Zomato Ltd. is a prominent player in the Retailing sector, known for its innovative approach to food delivery and dining services. The company operates a platform that connects consumers with restaurants, offering a wide range of dining options. Zomato Ltd. generates revenue through advertising, subscription services, and delivery fees. Its business model leverages technology to enhance user experience and streamline operations.

With a strong presence in the Indian market, Zomato Ltd. continues to expand its offerings and explore new opportunities in the food and beverage industry. The company's focus on customer satisfaction and operational efficiency positions it as a key player in the Retailing sector.

Track Zomato Ltd. Share Price on Univest

Use Zomato Ltd. (ETERNAL) live share-price page, Univest top gainers screener, Univest market blogs to review live stock data, top gainers lists and related market analysis.

Investors can track Zomato Ltd. Share Price on Univest for live updates and insights. Univest provides access to technical indicators, fundamental ratios, shareholding patterns, and market insights. Stay informed about Zomato Ltd.'s performance and explore detailed analysis to make informed investment decisions.

Frequently Asked Questions

What is Zomato Ltd.'s current share price?

Ans. Zomato Ltd.'s current share price is Rs 305.3, reflecting a 3.23% increase from the previous close of Rs 295.75. The stock moved 3.23% during the session. The intraday range extended from Rs 294.05 to Rs 305.9.

How much did Zomato Ltd.'s share price rise today?

Ans. Zomato Ltd.'s share price rose by 3.23% today, marking a significant gain in the Large Cap category. The stock moved 3.23% during the session. The intraday range extended from Rs 294.05 to Rs 305.9.

What is Zomato Ltd.'s market capitalisation?

Ans. Zomato Ltd.'s market capitalisation is Rs 2,70,209.82 crore, positioning it as a major player in the Retailing sector. The company operates in the Retailing sector. Its P/E ratio is 23.17x.

How does Zomato Ltd.'s P/E ratio compare to the sector?

Ans. Zomato Ltd.'s P/E ratio of 23.17 is close to the sector average of 23.61, indicating a valuation in line with industry norms. The company trades at a P/E ratio of 23.17x.

What is Zomato Ltd.'s P/B ratio?

Ans. Zomato Ltd.'s P/B ratio is 5.42, significantly higher than the sector average of 1.94, suggesting a premium valuation. The company trades at a P/E ratio of 23.17x. Its P/B ratio is 5.42x.

Does Zomato Ltd. have a high ROE?

Ans. Currently, Zomato Ltd. shows an ROE of 0, indicating no return on equity, which may concern some investors. ROE stands at 0%. ROCE stands at 0%. The relevant peer median ROE is 0.92%.

Who are Zomato Ltd.'s peers in the Retailing sector?

Ans. Zomato Ltd.'s peers include Shankara Buildpro Limited, Baazar Style Retail Ltd., and Go Fashion (India) Ltd., among others. The stock belongs to the Retailing sector. 63 comparable companies were included in the benchmark.

How does Zomato Ltd.'s market cap compare to its peers?

Ans. Zomato Ltd.'s market cap of Rs 2,70,209.82 crore is significantly larger than many of its peers in the Retailing sector. The company operates in the Retailing sector. Its P/E ratio is 23.17x.