.jpeg)
Zomato Reaches A Five-month High And Increases By 27% In A Single Month
B
Business
NEWS CARD
“Zomato Reaches A Five-month High And Increases By 27% In A Single Month”
Read more onsangritoday.com
6 May 2023
On Thursday, the price of Zomato's stock rose to its highest level in the previous five months. On Thursday, the stock ended the day on the BSE up more than 3% at Rs 65.70 a unit. On the BSE, the shares did, however, slightly decline to settle at Rs 65.41 per share on Friday, down 0.34 percent.
Zomato shares jumped to Rs 66.46 per piece on the BSE on Thursday, marking the stock's best value in the previous five months since it closed at Rs 65.5 per share in December 2022.
The stock has increased by 27 percent over the last month, although the benchmark Sensex has only risen by 4 percent in the same time frame. The brokerage firms also expressed optimism about the company's prospects for future expansion.
