Stock Price Prediction

Zoomcar Holdings Inc. (ZCAR) is currently trading at $2.50 in pre-market, reflecting a 40.5% surge due to its record contribution profit of $494,506 in December 2024, which covered operational costs in India. This financial milestone, coupled with a 17% YoY increase in bookings, indicates strong operational recovery and growing demand. The bullish view suggests potential for further upside if the company sustains profitability and demand growth.

ZCAR stock is currently trading at $2.50 after a 40.5% surge in pre-market trading, driven by its record contribution profit of $494,506 in December 2024. Despite this positive development, the stock's recent volatility and limited operational scope in India suggest caution for long-term investors. Bearish sentiment arises from concerns about sustainability and potential overvaluation following the sharp price increase.