- By Aditya Pratap Singh
- Fri, 09 Feb 2024 11:38 AM (IST)
- Source:JND
Zomato Shares Today: Day after the online food delivery firm posted massive growth in the December quarter of the current fiscal year, the shares of Zomato rose over 5 per cent in early trade on Friday. However, the shares lost their early trade and were trading at a 0.4 per cent loss at around 11:20 am amid profit booking. Zomato reported a consolidated net profit of Rs 138 crore in the third quarter.
On BSE, Stock rose 5.17 per cent to touch a 52-week high of Rs 151.45. On the NSE, it jumped 5 per cent to reach Rs 151.40 – a 52-week high in early trade. At around 11:25 am the shares of Zomato were trading at 143.30, down by 0.6 per cent.
Zomato Ltd on Thursday reported a Rs. 138 crore net profit, backed by rapid business growth and steady performance of its core business.
In the same quarter of the previous financial year, the company posted Rs 347 crore net loss. Zomato Ltd said in a regulatory filing.
Consolidated income from operations stood at Rs 3,288 crore. It was Rs 1,948 crore in the same period last year.
Zomato Shares
In the last 1 week, the stock remained flat and in the last 30 days, it rose around 6 per cent. Meanwhile, in the last year, it has gone up by around 163 per cent, which is a multi-bagger return.