– Zomato’s share price surged 19% after reporting strong Q1FY25 results, hitting a new all-time high
– Consolidated net profit soared to ₹253 crore from ₹2 crore a year ago
– Brokerage firms have a positive outlook on the stock and raised target prices
– Stock has seen a 202% increase over the past year, but may be overbought according to technical analysts
– Investors advised to consider booking profits at current levels as stock may be prone to a pullback