Zomato rises on unveiling home-style meal service 'Everyday'
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Zomato is currently trading at Rs. 53.40, up by 0.40 points or 0.75% from its previous closing of Rs. 53.00 on the BSE.
The scrip opened at Rs. 52.90 and has touched a high and low of Rs. 53.55 and Rs. 52.80 respectively. So far 868879 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 88.40 on 31-Mar-2022 and a 52 week low of Rs. 40.55 on 27-Jul-2022.
Last one week high and low of the scrip stood at Rs. 56.15 and Rs. 50.75 respectively. The current market cap of the company is Rs. 45333.60 crore.
The Institutions and Non-Institutions held 64.17% and 35.83% stake in the company.
Zomato has unveiled 'Everyday', home-style meal service under which its food partners will collaborate with home-chefs. Zomato Everyday is currently available in select areas of Gurugram only. With fresh meals starting at only Rs 89, customers can eat healthier and better daily.
Earlier, on the consolidated basis, the company had reported net loss at Rs 346.60 crore for Q3FY23 as compared to net loss of Rs 67.20 crore for the same quarter in the previous year. However, total income of the company increased 68.42% at Rs 2121.60 crore for Q3FY23 as compared to Rs 1259.70 crore for the corresponding quarter previous year.
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.
