I want to invest my money on shares in stock market.what are your experts opinions on buying Zomato shares?Can I buy Zomato shares Tomorrow?Or can I buy zomato shares now?
What would be the future Growth and investments in Zomato?
Can I buy Zomato shares tomorrow?
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kiran kumar85
I thought of buying Zomato shares as the share value is getting increased day by day. I want to do when the Zomato company is in losses how come the share price is getting high. I guess Zomato Ipo share prices are overrated.
The hypotheses going on is really creating investment interest in buying Zomato share so many year interested to buy Zomato shares today. As of today Zomato share value is rs 133. Four days back on July 23 it was found rs 127/-.
This shows the share price of Zomato is increasing and the company value 60,000 cr. But how can a company is doing partial losses have this much amount of value. Let us check profit graph of Zomato.
Revenue growth percentage decreased,but actuall revenue increased. As for as I know why Zomato shares getting high price values in the stock market is because of the following factors.
1. Only a single competitor ( swiggy).
2. New investments year by year.
3. Never stopped their promotions in marketing.
4. High deals and increasing user base since pandemic.
The above factors are adding a benefit value for their share price and many people now are showing interest to buy Zomato shares. If there is a sudden crash it would hurt share holders.It is expected for the Zomato of share Ipo price to reach over 200 in the coming days.
But it would be cool if you buy Zomato share at Rs 100/- and wait for the share price to increase.
Stock market explained for beginners easily
Shares outstanding vs float.
Sunidhi Gupta
Zomato has recently converted itself into a listed company by issuing its IPO and since then its share prices are increasing. Currently as on 28th July 2021, the price of shares were closed at Rs 133.00 and it’s all time high is Rs 135.00 with all time low as Rs 123.55, moreover its market capitalization has crossed Rs 1 crore.
However investing in Zomato can be a great option for investors but before this we need to understand the risks related with it.
• The company is making losses from past few years but global pandemic gave a boost to food tech industry resulting in increasing revenue of Zomato.
• However it’s facing competition and also news regarding the company are going on which can be harmful for company’s image.
However despite these factors company is fundamentally strong with a vision “We want to be the ‘Google’ of food. Our vision is to be the global platform when someone is looking for food locally” and because of which it was able to reduce its losses and able to make more than 14 acquisitions and arr planning to do more in future.
Deciding whether the investment in Zomato in worth it or not, let’s looks at some important points:
•Company’s strong strategic and financial model will help it become a profitable business in few years.
•Innovative and aggresive marketing strategies
•Company has made a strong brand name and issuing IPO increased its credibility among the regular as well as potential customers.
So after considering the following factors it’s up to you whether you want to invest or not, however long term investing in Zomato can be worthy.
In case you need to buy shares of Zomato you can either use online trading platforms like Zerodha, Groww, Binomo, etc or through any registered stock broker.
Thanks for reading.
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