Eternal Zomato Stock Jumps 5% Why Experts Are Bullish on This Food Delivery Giant

Zomato share price: On June 5, 2025, Zomato stock jumped 5.16% and is currently trading at 258.30. This rally was sparked by a Morgan Stanley report calling Zomato their top pick in India’s food delivery and quick commerce sectors. Investors are very interested in this recommendation, which helps push Zomato stock’s Eternal share price higher by 5% during the trading session.

Zomato Stock Jumped 5.16% Morgan Stanley top pick, see why global firms are bullish in zomato.

Why Global Firm Morgan Stanley Is Bullish on Zomato Stock

According to Morgan Stanley’s latest research report:

Market Leader

Eternal parent company Zomato is a clear No. 1 in India’s food delivery space. It controls a leading food delivery market share, which translates into stronger negotiation power with better brand recall.

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Strong Balance Sheet

The company has minimal debt, The food delivery space is a capital-intensive industry, that’s a huge advantage for Zomato.

Expand In New City’s

Zomato is trying to add a new city or expand meal or quick commerce delivery, which generates more revenue per order compared to its peers. This helps the cost-to-revenue ratio, which means better margins over time.

Quick Commerce Potential

Beyond food delivery, Eternal parent company zomato is investing heavily in the quick commerce space, including delivering groceries and essentials within minutes. As the “instant delivery” trend grows rapidly in India, Zomato’s early entry could pay off big time.

Fast delivery of groceries and essentials is growing rapidly in India, and Zomato is an early mover, this may give it a first-mover advantage.

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Morgan Stanley Top Pick Zomato Stock Jump 5%

Morgan Stanley set a target price of 320 per share. From today’s price of 258.30, that roughly around 33% upside.

Morgan Stanley also pointed a strong support zone between 200 – 220. This is the price range where buyers believe the stock is attractive or at a discount level.

Risk: At support level 200.

Reward: High, with a 320.

This means if they go accordingly to their analysis, investors make good returns from today’s price levels.

Eternal Zomato Share Price Performance

Zomato’s recent performance as of June 5, 2025

Timeline (Past Performance)Returns
1 Week+12.87%
1 Month+7.44%
3 Months+13.54%
This Year−7.30%
1 Year+40.23%
3 Years+257.24%

Eternal 5.16% jump to 258.30 on June 5, 2025, shows its leadership in food delivery and expansion into quick commerce. Now global firm Morgan Stanley gives a buy rating with a 320 target (approx 33% gain) and strong price performance metrics, specily stock delivered+40% over the last year, where Zomato is positioned for growth. So keep an eye on that 200-220 support, because as long as it holds, downside remains limited, which improves risk reward.

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Abhishek Rodi

Investor, Trader, and An Engineer! Unlock the secrets of successful investment & trading, where I will share my 5+ year journey's insights.

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