Zomato Faces Continued Stock Decline Amid Broader Market Stability and Sector Underperformance

Jan 21 2025 09:35 AM IST
share
Share Via
Zomato has experienced a significant decline in stock performance, with shares dropping notably on January 21, 2025. The stock has consistently underperformed compared to its sector and key moving averages, reflecting a broader trend of losses over the past month, contrasting sharply with the stability of the Sensex.
Zomato, a key player in the IT software industry, has faced a notable decline in its stock performance, with shares dropping by 6.45% on January 21, 2025. This decline continues a downward trend, as the stock has lost a total of 9.39% over the past two days, significantly underperforming its sector by 6.94%.

The trading day began with a substantial gap down, with Zomato opening at a loss of 7.41%. During intraday trading, the stock hit a low of Rs 219, reflecting a decrease of 9.11%. Zomato's performance has consistently lagged behind key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages.

In a broader market context, Zomato's one-day performance showed a decline of 8.34%, while the Sensex remained relatively stable with a minimal change of just 0.07%. Over the past month, Zomato's stock has experienced a significant drop of 21.64%, in stark contrast to the Sensex's decline of only 1.31%.
{{stockdata.stock.stock_name.value}} Live

{{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}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
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