Zomato’s share price surged by 19% to hit a new all-time high after reporting impressive Q1 results, with a net profit of ₹253 crore. The stock’s market capitalization rose by nearly ₹25,000 crore in a single day. Most brokerage firms maintained a buy rating on the stock and raised their target prices, citing strong growth and profitability prospects. However, some technical analysts caution that the stock may be overbought and recommend booking profits or refraining from new positions at the current elevated levels. Investors are advised to consult certified experts before making any investment decisions.