Zomato Recovers from 5.3% Loss, Gains 2.9% Amid Q4 Profit Drop

On 2 May 2025, Zomato’s

share price opened sharply lower, falling over 5.3% following a 78% decline in net profit for Q4 of the last financial year. However, the stock quickly recovered from its early losses and turned positive. By 10:40 AM, it was trading 2.9% higher than the previous close, reflecting strong buying interest despite weak earnings. This intraday reversal highlights market resilience and possibly investor focus on future growth prospects over short-term profitability. The positive price action amid disappointing results suggests confidence in the company’s long-term narrative and may indicate strong underlying demand at lower levels. Disclaimer: This post is for informational purposes only and does not constitute investment advice.