Zomato Shows Resilience Amid Broader IT Sector Decline and Decreased Investor Activity
Zomato Ltd has become one of the most actively traded stocks, with over 74 million shares exchanged. Despite a decline in the IT - Software sector, Zomato has shown some resilience. However, it is trading below key moving averages, and investor participation has notably decreased.
Zomato Ltd, a prominent player in the IT - Software industry, has emerged as one of the most active equities today, with a total traded volume of 74,842,762 shares and a total traded value of approximately Rs 152.99 lakhs. The stock opened at Rs 204.24 and reached a day high of Rs 209.90, while the day low was recorded at Rs 200.50. As of the latest update, Zomato's last traded price stands at Rs 201.20.Despite the overall downturn in the IT - Software sector, which has seen a decline of 2.04%, Zomato has outperformed its sector with a performance increase of 1.02%. However, it is noteworthy that Zomato is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a potential trend of lower performance over these periods.
Investor participation appears to be waning, with a delivery volume of 3.75 crore shares on March 28, reflecting a significant drop of 61.97% compared to the 5-day average delivery volume. The stock remains liquid enough for trading, with a market cap of Rs 1,97,591.00 crore, classifying it as a large-cap entity. Overall, Zomato's performance today highlights a mixed picture amid broader market challenges.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
