Zomato market-cap touches Rs 2 trillion; stock zooms 88% thus far in 2024

Zomato m-cap: Zomato, on Monday, joined the elite group of companies having a market capitalisation (m-cap) of Rs 2 trillion. This comes after Zomato stock price hit a new high of Rs 232, rising 4 per cent on the BSE in the intraday trade.

Zomato’s m-cap touched an intraday high of Rs 2.01 trillion on the BSE. The stock of the food delivery and quick commerce company, meanwhile, was trading 2 per cent higher at Rs 227 on the BSE. In comparison, the BSE Sensex was up 0.23 per cent at 80,708.