Zomato Share Price: JPMorgan की बड़ी भविष्यवाणी, कहां तक जाएगा Zomato Share? GoodReturns

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Zomato Share Price: फूड डिलिवरी और क्विक कॉमर्स कंपनी जोमैटो (Zomato ) का स्टॉक निवेशकों को 40 फीसदी का रिटर्न दे सकता है. ग्लोबल ब्रोकरेज हाउस जेपी मॉर्गन (JP Morgan ) ने स्टॉक के टागरेट प्राइस को 208 रुपये से बढ़ाकर 340 रुपये कर दिया है.      #zomato #zomatoshare #zomatoshareprice #JPMorgan  #zomatostock #businessnews #businessnewstoday #sharemarkettoday #blinkit #zepto #zomatosharereturn #zomatosharetargetprice

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00:00Since the growth in Zomato's revenue, Zomato's share has been in the news.

00:10Food service provider company Zomato's share is showing fast these days.

00:14On Thursday, Zomato's share rose by 8% to reach around Rs. 272.

00:19However, after this, profit was seen in the share and after that it was trading at Rs. 255.40.

00:27Zomato's share has given a return of more than 160% in the last year.

00:31Now foreign firms have released good news about Zomato.

00:35So if you have Zomato's share or you are planning to buy it, then do watch this video.

00:40Actually, food delivery and quick commerce company Zomato can give a 40% return to stock investors.

00:47Global brokerage house JP Morgan has increased the target price of the stock from Rs. 208 to Rs. 340.

00:54Due to this report of the brokerage house, Zomato's stock closed at Rs. 254.85 on Thursday, September 5, 2024.

01:06Experts have increased the target price of the share due to its quick commerce business taking a positive turn on the blanket.

01:14Keeping Zomato in the category of overweight, JP Morgan has increased the target price of the stock to Rs. 340 by December 2025.

01:23The brokerage house gave credit to the continuous expansion of Blinkit for its bullish direction on the stock.

01:29After Delhi NCR, all the metros are proving to be very successful in cities.

01:34In its report, the brokerage house said that it will help in increasing the margin due to Blinkit.

01:39Along with this, the ad revenue will also increase.

01:42According to JP Morgan, Blinkit is in a position to make big changes in both modern trade and e-commerce.

01:48In fact, not only JP Morgan, but also another foreign brokerage house, CLSA, is also very bullish on Zomato's stock.

01:55CLSA has set the target price of the stock to Rs. 353.

01:59On the other hand, Bernstein has outperformed Zomato with a target of Rs. 275.

02:05Now JP Morgan has increased the forecast for financial year 2025-2027 by 15% to 41%.

02:11Due to the expansion of Zomato Blinkit and its increasing market share, it is included in the top consumer pick of CLSA.

02:16The brokerage house hopes that Blinkit will come in profit in financial year 2024-2025.

02:21Zomato's stock has proven to be a multi-bagger stock for its shareholders.

02:25In the year 2024, in the last 8 months, the stock has given a return of 106%.

02:30In 3 years, the share gave a return of 160% and in 2 years, a return of 327%.

02:36In July 2022, after the share fell to Rs. 40.60, the stock has seen a sharp rise.

02:45After the results of the first quarter of 2024-25, the stock made a high of Rs. 280.90.

02:51Apart from this, Equities Securities has said in a note that the competition has increased due to the arrival of Flipkart and Big Basket.

02:57Strong companies like Zomato and Zepto are ready to double the number of their stores next year.

03:03As companies join stores in overlapping Jio, the price competition and loss can also increase in the next 12 months.

03:11That's all for this video. What are your thoughts on Zomato's share? Do comment and let us know.

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