Zomato Extends Gains: Shares Hit 52-Week High By Jumping 6% Intraday

Zomato Extends Gains: Shares Hit 52-Week High By Jumping 6% Intraday

SUMMARY

This marks a new high in shares during the last 52 weeks for Zomato

However, the stocks pared some gains to trade at INR 270.70 per share at 11.21 AM, up 2.34% from the previous close

This comes after Zomato announced the launch of its ‘Group Ordering’ feature last week

Foodtech major Zomato’s shares rallied close to 6% to touch an intraday high of INR 280 apiece on the BSE today (August 19). This marks a new high in shares during the last 52 weeks for Zomato. 

However, the stocks pared some gains to trade at INR 270.70 per share at 11.21 AM, up 2.34% from the previous close. 

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