Zomato Delights Investors In 2024, Stock Surges 112% | Paisa Live

India's popular food delivery platform Zomato has delivered impressive returns in 2024, significantly pleasing investors. The company's stock has surged by approximately 112% this year and has increased by 169% over the past 12 months. Zomato has shown strong performance, providing positive returns in 7 out of 8 months this year. This has led to questions about whether it's a good time to invest in Zomato shares. Global brokerage firm Nomura has weighed in, setting a target price of ₹280 for Zomato's stock and giving it a “buy” rating. For a detailed analysis and to determine if this investment aligns with your financial goals, be sure to watch the full video.