Zomato share price surged by 19%, achieving nearly a 170% gain over the past year. After the Q1 results, is the stock still a buy?
Zomato: Zomato’s share price hit a record high of ₹278.45 on Friday, August 2, following the release of the company’s Q1FY25 results. The shares opened at ₹244 each on the BSE, marking a 5% increase. Zomato’s Q1FY25 net profit increased to ₹253 crore from ₹2 crore in Q1FY24, owing to increasing gross order value in…