After jumping 4.3% during Tuesday’s trading session, shares of Zomato ended the day 3.7% higher at INR 105.3 on the BSE
Shares of Zomato have been on a bull run since April this year and are up 77.4% year-to-date
Among the new-age tech stocks, CarTrade and MapmyIndia jumped over 6% each in today’s trading session. Paytm gained around 2% and EaseMyTrip rose 3.7%
Shares of Zomato touched a new 52-week high at INR 105.9 as they jumped as much as 4.3% during the intraday trading on the BSE on Tuesday (October 3).
The jump came in the first trading session after Zomato announced the liquidation of its Chile-based wholly owned subsidiary, Zomato Chile SpA (“ZM Chile”), on September 30 after market hours.
Zomato, which has closed down a number of its international subsidiaries in recent months, said that the closure of ZM Chile will have no impact on its turnover/revenue.
Shares of Zomato have been on a bull run since April this year on…