Zomato (Eternal Ltd) Share Price Rises 0.34% to ₹232.39 in Early Trade; Marginal Gains Ahead of Results
Zomato share inched up 0.34% to ₹232.39 on April 21 as traders await Q4 results and growth commentary on Blinkit, dining, and hyperpure businesses.
Key Highlights:
Zomato (Eternal Ltd) Share Price Trades at ₹232.39, Up 0.34% on April 21
Zomato Share Price, now listed as Eternal Ltd, rose ₹0.79 or 0.34% to trade at ₹232.39 as of 10:04 AM IST on April 21. The stock witnessed subdued but positive movement amid a cautious tone from traders ahead of the company’s upcoming Q4 FY24 earnings.
Zomato Share Snapshot – April 21
| Parameter | Value |
|---|---|
| Current Price | ₹232.39 |
| Change (%) | +0.34% |
| Absolute Gain | ₹+0.79 |
| Exchange | NSE |
| Time | 10:04 AM IST |
Note: Intraday high/low data not yet available at this timestamp.
What’s Fueling Zomato Share Today?
- Mild positive bias in food-tech stocks amid stable market sentiment
- Investors positioning ahead of Q4 results, with focus on Blinkit’s profitability path
- Recent commentary on expansion in quick commerce and dining out verticals drawing interest
- Tech and digital consumption stocks seeing renewed domestic inflows
Near-Term Outlook for Zomato (Eternal Ltd)
| Level Type | Price (₹) |
|---|---|
| Immediate Support | 228.00 |
| Strong Support | 222.00 |
| Resistance Zone | 235.00 / 240.00 |
| Breakout Target | 250.00 |
A close above ₹235 could open further upside towards ₹240–₹250, while downside remains protected as long as the ₹228 level holds.
Analyst Expectations from Q4 Earnings
- Revenue Growth: Expected to grow 40–45% YoY, led by strong Blinkit GMV traction
- Adjusted EBITDA: Market watching for signs of full-quarter profitability consolidation
- Key Focus Areas:
- Contribution margins in food delivery
- Quick commerce break-even timeline
- Update on intercity legends and Hyperpure scale-up
Zomato in Focus – Recent Developments
- Company recently rebranded to Eternal Ltd, with Zomato, Blinkit, and Hyperpure operating under independent leadership structures
- Analysts interpret this as a move toward business vertical clarity and unlocking long-term shareholder value
- Despite high valuation, Zomato remains a high-conviction new-age tech play for long-term investors
Final Word on Zomato Share Price Today
Zomato share price (now Eternal Ltd) posted a modest gain in early trade, reflecting a cautious but optimistic undertone ahead of earnings. With multiple growth levers in play and a maturing cost structure, the stock remains a key watch for both momentum traders and long-term digital economy investors. Technical cues suggest a potential breakout if ₹235 is crossed decisively.
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