Zomato shares in focus after Q3 PAT falls 57% YoY. Should you buy, sell or hold?
- Posted on January 21, 2025
- By Business News Today
- 2 Views
Zomato shares in focus after Q3 PAT falls 57% YoY. Should you buy, sell or hold?
Zomato experienced a 57% decline in its December quarter net profit, reporting Rs 59 crore. Despite a 64% rise in revenue, there was a notable slowdown in food delivery. Analysts are mixed on the stock, with target prices ranging from Rs 130 to Rs 375.
