Shares of online food delivery firm Zomato climbed nearly 4 per cent on Monday, December 23. The stock jumped 3.58 per cent to settle at Rs 273.60 on the BSE. During the day, it soared 7.62 per cent to Rs 284.

Gurugram-based Zomato had announced the plan to raise fresh capital last month, at a time when the rapidly growing quick commerce industry is becoming increasingly competitive and witnessing a flush of funds being infused into the sector.

Zomato has opened its INR 8,500 Cr QIP and set a floor price of INR 265.91 per equity share, a discount of 2.8% from its closing price today

Zomato share price rose 7 percent in early trade on November 25, 2024. Zomato’s ₹8,500 crore QIP (Qualified Institutional Placement) approval and BSE Sensex inc

Zomato aims to raise Rs 8,500 crore through the QIP issue. The fundraise comes at as its key rival Swiggy has now become a publicly listed company.

Shares of Zomato ended at ₹272.90 on the BSE, up 3.3% on Monday on the back of two triggers — the company's inclusion in the 30-stock BSE Sensex and an approval for its ₹8,500 crore Qualified Institutional Placement (QIP).

Shares of the Deepinder Goyal-led food and quick commerce aggregator Zomato jumped more than 7% on November 25. The new-age stock is now trading close to its all-time high of Rs 298.25 apiece. Read on to know what is triggering today's rally.

Zomato’s shares surged 7% early trading today, following its inclusion in the prestigious 30-stock Sensex index; Know latest target price

Zomato Stocks Today, Zomato Share Price Live Updates 25 Nov 2024: Catch live action of Zomato stock here. Zomato will become a part of the benchmark BSE Sensex, replacing JSW Steel from December 23. Zomato’s board on November 23,