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Zomato’s shares witnessed buying interest on Saturday, 4th March, 2024, with the stock price surging around 4.16% during the session. The counter opened marginally higher at Rs 168 compared to the previous close of Rs 167.65. Bullish sentiment soon took over, propelling the price higher to an intraday high of Rs 175.60. The intraday low stood at Rs 168, which was also the opening level.
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Profit booking emerged at higher levels, capping some of the gains. Zomato finally settled at Rs 169.80, still posting a healthy gain of 1.28% over its last close. Robust trading volumes of Rs 94,665.92 lakhs were recorded during the session.
As of Thursday’s close, Zomato commands a market capitalization of around Rs 1,49,759 crores.
