Publication - YourStory
Edition - Online
Yesterday, its market capitalisation rose to $15.29 billion, making it the most valuable company in the Indian startup ecosystem.
As trading began on Friday morning, Zomato's share price rose by 5% but declined later. At 11 am, it was trading at Rs 145.40 apiece and reached Rs 149 at the closing bell—almost double its listing price of Rs 76 in 2021. The Gurugram-based company delivered upbeat numbers earlier this week.
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Mamearth parent’s Q3 profit up 251%
The company’s revenue for the quarter stood at Rs 488 crore, a 27.8% rise from Rs 382 crore last year.
