Zomato’s share price continued its impressive rally, surging by more than 7% on Monday. This follows the food delivery platform announcing its inaugural net profit for the June quarter of FY24. Zomato’s share price soared by as much as 7.77%, reaching a new 52-week high of ₹102.85 per share on the BSE.
At the time of writing this report at 2pm, Zomato shares were trading over 4 per cent higher at ₹99.92.
(This is a developing story. Please get back to check for updates.)