Zomato share price hits new high, up 27% in one month; m-cap nears Rs 3 trn

Shares of food delivery major Zomato hit a new high of Rs 304.50, surging 6.4 per cent on the BSE in Thursday’s intra-day trade amid heavy volumes on expectations of a strong outlook. The stock surpassed its previous intra-day high of Rs 298.2 scaled on September 24, 2024, before closing at Rs 299.50.