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Zomato's stock hits a record high, with a 6% rise, as its market cap nears Rs 3 trillion.
Zomato's stock reached a record high of Rs 304.50, up 6%, buoyed by strong trading volumes and positive outlooks.
The company's market cap is nearing Rs 3 trillion, and it's poised to join the Sensex index soon.
Zomato recently raised Rs 8,500 crore to support expansion in food delivery and quick commerce.
Analysts at CLSA and Morgan Stanley predict further gains, with target prices of Rs 370 and Rs 355, respectively.
Competitor Swiggy also saw its shares surge by 11%, benefiting from strong industry growth.
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Las acciones de Zomato alcanzan un máximo récord, con un aumento del 6%, ya que su tope de mercado se acerca a los 3 billones de rupias.