Zomato Share Jumps 3.33% to ₹242.03 on April 22 Amid Investor Optimism
Zomato shares gained over 3% in early trading on April 22, pushing the stock past ₹242 amid growing investor interest and strong volume action on NSE.
Key Highlights:
Zomato Share Soars 3.33% to ₹242.03 on April 22; Bulls Back Eternal Ltd Rally
Zomato Share (listed as Eternal Ltd on NSE) delivered a strong bullish start on April 22, 2025, rising by ₹7.79 or 3.33% to trade at ₹242.03 by 09:35 AM IST. This rally was powered by robust investor sentiment and solid volume participation.
📊 Zomato Share Price Today – Key Stats (As of 09:35 AM IST)
- Current Price: ₹242.03
- Gain: +₹7.79 (+3.33%)
- Previous Close: ₹234.24
- Trading Platform: NSE (Ticker: ETERNAL)
- Update Time: April 22, 2025, 09:35 AM IST
📈 What’s Fueling the Zomato Rally?
1. Renewed Buying Momentum in Tech-Enabled Stocks
Zomato’s recent upward momentum aligns with a sector-wide shift in digital consumption patterns post-Q4 results season. Analysts attribute the surge to an uptick in app usage and food delivery volumes.
2. Improving Margins and Cost Efficiency
Investors are pricing in recent cost control measures and focus on profitability, especially with the company’s unit economics showing signs of stabilisation.
3. Institutional Activity & Buzz
- Strong FII and DII flows have been observed in recent sessions.
- Positive sentiment from fund houses boosting positions in tech-leveraged consumer platforms.
🔍 Expert Take on Zomato Share Price Action
“The ₹240+ level was a psychological resistance for Zomato, and a clean break above it may trigger short-term momentum up to ₹248–₹250,”
says Rakesh Menon, Technical Analyst at Axis Sec.
- Support: ₹235
- Resistance: ₹250
- RSI: Mildly overbought but not overheated
📌 What This Means for You
For Traders:
- Intraday View: Bullish above ₹240; stop-loss at ₹236.
- Swing Target: ₹250–₹254 levels possible if buying continues post-market.
For Long-Term Investors:
- Zomato remains a growth-focused digital consumption story in India.
- Investment-worthy at dips below ₹230 for a multi-quarter horizon.
🧭 How to Take Action Today
- Watch out for management commentary or announcements around hyperlocal expansion.
- Compare delivery metrics with peers like Swiggy or Blinkit (if IPO details emerge).
- Use price alerts or trailing stop losses to protect gains in high-volatility environments.
Zomato Share Gains Reflect Digital Sector Revival
The 3.33% gain in Zomato share price today is a positive signal for tech-driven consumption stocks, showing that investors are regaining confidence in food-tech platforms with visible paths to profitability.
As Zomato maintains growth while curbing burn rate, the market may continue to reward its consistent quarterly performance and strategic capital deployment.
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