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01-01-1970 12:00 AM | Source: Accord Fintech
Zomato gains on planning to start instant 10-minute food delivery
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Zomato is currently trading at Rs. 80.60, up by 0.25 points or 0.31% from its previous closing of Rs. 80.35 on the BSE.

The scrip opened at Rs. 81.15 and has touched a high and low of Rs. 81.55 and Rs. 79.30 respectively. So far 1212878 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 169.10 on 16-Nov-2021 and a 52 week low of Rs. 75.55 on 16-Mar-2022.

Last one week high and low of the scrip stood at Rs. 83.30 and Rs. 75.55 respectively. The current market cap of the company is Rs. 63644.58 crore.

The Institutions and Non-Institutions holding in the company stood at 15.68% and 84.32% respectively.

Zomato is planning to start instant 10-minute food delivery. The company is not putting any pressure on its delivery partners to deliver food faster but will achieve the target by relying on a dense finishing stations' network, which is located in close proximity to high-demand customer neighbourhoods.

Zomato is an Indian multinational restaurant aggregator and food delivery company founded by Pankaj Chaddah and Deepinder Goyal in 2008. It provides information, menus and user-reviews of restaurants as well as food delivery options from partner restaurants in select cities.