Zomato delivers on Dalal Street, shares zoom 66%

Tribune News Service

Updated At : 12:30 PM Jul 24, 2021 IST

Unlock Exclusive Insights with The Tribune Premium

Take your experience further with Premium access. Thought-provoking Opinions, Expert Analysis, In-depth Insights and other Member Only Benefits

Yearly Premium ₹999 ₹349/Year

Yearly Premium $49 $24.99/Year

New Delhi, July 23

Food delivery platform Zomato made a stellar debut on the bourses on Friday, as its shares surged nearly 66% against the issue price of Rs 76.

The stock made its debut at Rs 115, reflecting a huge gain of 51.31% against the issue price on the BSE. It then hit a high of Rs 138, a jump of 81.57% during the day. The stock closed at Rs 125.85, rallying 65.59%. At the NSE, it got listed at Rs 116, registering a premium of 52.63%. It closed with a rise of 64.86% to Rs 125.30. — PTI

The Tribune, now published from Chandigarh, started publication on February 2, 1881, in Lahore (now in Pakistan). It was started by Sardar Dyal Singh Majithia, a public-spirited philanthropist, and is run by a trust comprising five eminent persons as trustees.

The Tribune, the largest selling English daily in North India, publishes news and views without any bias or prejudice of any kind. Restraint and moderation, rather than agitational language and partisanship, are the hallmarks of the newspaper. It is an independent newspaper in the real sense of the term.

The Tribune has two sister publications, Punjabi Tribune (in Punjabi) and Dainik Tribune (in Hindi).

Remembering Sardar Dyal Singh Majithia

Designed and developed by : SORTD

Unlock Exclusive Insights with The Tribune Premium

Suggested Articles