Zomato shines on partnering with Battery Smart
Zomato is currently trading at Rs. 93.70, up by 3.98 points or 4.44% from its previous closing of Rs. 89.72 on the BSE.
The scrip opened at Rs. 90.24 and has touched a high and low of Rs. 94.25 and Rs. 90.18 respectively. So far 3184991 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 102.85 on 07-Aug-2023 and a 52 week low of Rs. 44.35 on 25-Jan-2023.
Last one week high and low of the scrip stood at Rs. 95.60 and Rs. 88.16 respectively. The current market cap of the company is Rs. 80675.29 crore.
The while Institutions and Non-Institutions held 64.36% and 35.64% stake in the company respectively.
Zomato has partnered with Battery Smart to provide battery-swapping access to its delivery partners on the latter's network. Under the partnership, Zomato's delivery partners can get access to Battery Smart's existing network of over 800 swap stations across more than 30 cities. Battery Smart provides battery swapping networks for electric two and three-wheelers.
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.