Zomato has been in focus on Wednesday. On March 26, 2025, Zomato share price opened at ₹202.35, down from its previous close of ₹209.81. At 10:04 AM, the share price of Zomato was trading at ₹204.93, down by 2.33% on the NSE. As of the same time, the stock price touched its day’s low at ₹199.92.
Notably, not just Zomato, another food delivery giant, Swiggy, has also been seeing a dip in its stock price. Swiggy share price opened at ₹330.70, and at 10:08 AM, the share price was trading at ₹333.45, down by 1.20% on the NSE. Earlier this month, on March 3, 2025, Swiggy’s stock touched a 52-week low of ₹317.00.
The decline in Zomato and Swiggy’s stock prices comes amid reports that quick-commerce startup Zepto is in discussions to raise $250 million ahead of its IPO. This development has increased competition concerns in the food delivery and quick-commerce space.
As per news reports, on Tuesday, March 25, 2025, Zomato and Swiggy collectively lost ₹16,000 crore in market capitalization. Zomato alone saw ₹12,500 crore wiped out as its stock declined 6% to close at ₹209.81. Meanwhile, Swiggy’s stock dropped 4%, closing at ₹337.50 on the NSE.
In a major corporate development, Zomato Limited has officially changed its name to Eternal Limited, effective March 20, 2025. The Registrar of Companies, under the Ministry of Corporate Affairs (MCA), approved this name change. The company’s Memorandum and Articles of Association have been updated accordingly.
With this rebranding and rising competition, investors are closely watching how Eternal Limited navigates the evolving food delivery and quick-commerce landscape.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Mar 26, 2025, 11:29 AM IST
Nikitha Devi
Nikitha is a content creator with 6+ years of experience in the financial domain. Specialising in personal finance, investments, and market insights, Nikitha simplifies complex financial topics, making them accessible to readers.
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