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Zomato Shares Near Record Highs. Expert Sets Target Price Of ₹180 Per Share For Zomato

Zomato Shares Near Record Highs. Expert Sets Target Price Of ₹180 Per Share For Zomato

Sakshi Batra
Sakshi Batra / Shailendra Bhatnagar
  • New Delhi ,
  • Feb 20, 2024,
  • Updated Feb 20, 2024, 3:27 PM IST

 

Zomato shares are surging once again, with a 23% increase over the past month and a 5% rise in the last five days. Osho Krishan, Senior Research Analyst at Angel One, is bullish on the stock, citing a strong rebounding pattern and a bullish gap on the daily chart. Osho Krishan expects the stock to sustain above the Rs 155 zone this week, potentially yielding significant returns for investors. He sets a shorter-term target of Rs 178-180.

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