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Zomato delivers on Dalal Street, shares zoom 66%


New Delhi, July 23

Food delivery platform Zomato made a stellar debut on the bourses on Friday, as its shares surged nearly 66% against the issue price of Rs 76.

The stock made its debut at Rs 115, reflecting a huge gain of 51.31% against the issue price on the BSE. It then hit a high of Rs 138, a jump of 81.57% during the day. The stock closed at Rs 125.85, rallying 65.59%. At the NSE, it got listed at Rs 116, registering a premium of 52.63%. It closed with a rise of 64.86% to Rs 125.30. — PTI

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