ZOMATO.NS vs. M&M.NS

Last updated Jun 5, 2026

ZOMATO.NS (Zomato Limited) and M&M.NS (Mahindra & Mahindra Limited) are both stocks. Both are in the Consumer Cyclical sector — ZOMATO.NS in Internet Retail, M&M.NS in Auto Manufacturers. At a 0.24 correlation, their price movements are largely independent.

Performance

ZOMATO.NS vs. M&M.NS - Performance Comparison

The chart below illustrates the hypothetical performance of a ₹10,000 investment in Zomato Limited (ZOMATO.NS) and Mahindra & Mahindra Limited (M&M.NS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

ZOMATO.NS

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

M&M.NS

• 1D: 0.17%
• 1M: -9.44%
• YTD: -18.69%
• 6M: -18.08%
• 1Y: -2.13%
• 3Y*: 30.41%
• 5Y*: 31.48%
• 10Y*: 16.84%

*Multi-year figures are annualized to reflect compound growth (CAGR)

ZOMATO.NS vs. M&M.NS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
ZOMATO.NS Zomato Limited	0.00%	-22.61%	124.78%	108.60%	-55.73%	6.31%
M&M.NS Mahindra & Mahindra Limited	-18.69%	24.34%	75.15%	39.89%	50.75%	9.55%

Correlation

The correlation between ZOMATO.NS and M&M.NS is 0.24, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (3Y) Calculated over the trailing 3-year period	0.19
Correlation (All Time) Calculated using the full available price history since Jul 26, 2021	0.24

Return for Risk

ZOMATO.NS vs. M&M.NS — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

M&M.NS

M&M.NS Risk / Return Rank: 38
M&M.NS Sharpe Ratio Rank: 40
M&M.NS Sortino Ratio Rank: 34
M&M.NS Omega Ratio Rank: 34
M&M.NS Calmar Ratio Rank: 40
M&M.NS Martin Ratio Rank: 40

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ZOMATO.NS vs. M&M.NS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Zomato Limited (ZOMATO.NS) and Mahindra & Mahindra Limited (M&M.NS). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	ZOMATO.NS	M&M.NS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	-0.02	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	1.15	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.57	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.19	—

Drawdowns

Drawdown Indicators

	ZOMATO.NS	M&M.NS	Difference
Max Drawdown Largest peak-to-trough decline	—	-94.09%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-22.91%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-22.91%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-28.09%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-72.28%	—
Current Drawdown Current decline from peak	—	-20.68%	—
Average Drawdown Average peak-to-trough decline	—	-31.10%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	9.68%	—

Volatility

Volatility by Period

	ZOMATO.NS	M&M.NS	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	6.92%	—
Volatility (6M) Calculated over the trailing 6-month period	—	21.45%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	26.75%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	27.81%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	30.40%	—

Dividends

ZOMATO.NS vs. M&M.NS - Dividend Comparison

ZOMATO.NS has not paid dividends to shareholders, while M&M.NS's dividend yield for the trailing twelve months is around 0.84%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
M&M.NS Mahindra & Mahindra Limited	0.84%	0.68%	0.70%	0.94%	0.92%	1.05%	0.33%	1.60%	0.93%	0.01%	0.02%	0.01%
ZOMATO.NS Zomato Limited	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Financials

Frequently Asked Questions

Can I hold both ZOMATO.NS and M&M.NS in my portfolio?

ZOMATO.NS and M&M.NS have a correlation of 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.