Zomato surpasses HUL, Nestle in Sensex with a weightage of 2.77% | News ...
1 day ago · Zomato on Monday became the first new-age company to join the prestigious 30-share benchmark Sensex, replacing JSW Steel.This milestone marks a significant achievement not only for Zomato but also for the Indian startup ecosystem, which is increasingly making its presence felt in the $5.2 trillion listed ecosystem.
Zomato becomes first new-age tech firm to join Sensex: what’s …
2 days ago · Zomato's inclusion in the 30-stock benchmark index is driven by a remarkable rally in its stock. Shares of the Deepinder Goyal-led company have surged 45% over the past six months and 133% in 2024, compared to a 10% gain for the Sensex. Further bolstering its financial position, Zomato raised Rs 8,500 crore through a qualified institutional placement (QIP) largely led by domestic investors ...
Zomato shares to be in focus today. Here's why
2 days ago · Zomato shares are set to be in the spotlight today as the food delivery giant achieves a huge milestone, becoming the first new-age tech company to join the BSE Sensex’s 30-share index. This change, part of the benchmark index's planned rebalancing, will take effect on December 23, replacing steel major JSW Steel.
Zomato shares in focus as Sensex entry likely to attract $513 …
2 days ago · Zomato will replace JSW Steel in the BSE Sensex on December 23, becoming the first new-age tech company to join the index. This move is projected to bring $513 million into Zomato. Zomato's stock has surged significantly in the past year, outperforming the Sensex. The company's improved financials and successful relaunch of Zomato Gold contributed to its growth.
Zomato News: Zomato latest news and recent zomato updates
Brokerage JM Financial expressed a preference for Zomato over Swiggy, citing Zomato's market dominance and superior execution. The report highlights Zomato’s leadership and track record, suggesting it holds an edge over Swiggy, despite Swiggy’s progress in quick commerce with its Instamart vertical.
Zomato Climbs on First Index Nod for Indian New Age Tech Stock
Nov 25, 2024 · Shares of the food delivery and quick commerce platform surged as much as 7.6%, the most since Sept. 5, on the announcement from BSE Ltd.’s index compiler. Zomato will replace JSW Steel Ltd.,...
Zomato News | Latest News on Zomato - Times of India
Nov 26, 2024 · zomato removed restaurants from its platform after a social media uproar. Users pointed out restaurants selling single dishes with unusual names at high prices.
Zomato Fundraising: Zomato considers fresh funding as quick …
Oct 17, 2024 · New Delhi: Food delivery platform Zomato said in a BSE filing on Thursday that it is considering raising funds through qualified institution placement. The fund size and objective have not been disclosed yet. The company's directors will meet on October 22 to consider and approve the fundraise.
Latest News on Zomato: Get Zomato News Updates along with …
Nov 13, 2024 · Zomato News Updates: Get Latest Breaking News, Photos and Video News on Zomato. Also find Zomato latest news headlines, picture gallery, top videos, comments, blog posts and opinion at The Indian Express.
Zomato's quick commerce business now more valuable than its …
Apr 25, 2024 · Goldman Sachs said in a report late Thursday that Indian food delivery giant Zomato’s quick commerce arm Blinkit is now more valuable than its core food delivery business, as per the bank’s...