Zomato first startup in Sensex 30 - Deccan Chronicle

Dec 23, 2024 · Chennai: Food tech giant Zomato has made history as the first Indian startup to join the Bombay Stock Exchange (BSE) Sensex 30, replacing JSW Steel in the benchmark …

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Zomato Becomes First New-age Tech Firm To Join Sensex: What’s The ...

4 weeks from now

Dec 23, 2024 · Zomato's inclusion in the 30-stock benchmark index is driven by a remarkable rally in its stock. Shares of the Deepinder Goyal-led company have surged 45% over the past six …

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Zomato Surpasses HUL, Nestle In Sensex With A Weightage Of 2.77%

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Dec 23, 2024 · Zomato on Monday became the first new-age company to join the prestigious 30-share benchmark Sensex, replacing JSW Steel.This milestone marks a significant …

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Zomato Enters Sensex 30 As The First Indian Startup – Incubees

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16 hours ago · With a total market value of Rs 2.68 lakh crore (about $31.9 billion), Zomato’s shares fell 3.15% to Rs 278.70 on the Bombay shares Exchange on Monday after being …

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FAQs about Zomato first startup in Sensex 30 - Deccan Chronicle Coupon?

Is Zomato a BSE Sensex 30 company?

(Image: DC) Chennai: Food tech giant Zomato has made history as the first Indian startup to join the Bombay Stock Exchange (BSE) Sensex 30, replacing JSW Steel in the benchmark index of India’s top 30 companies. However, Zomato stock saw a drop in prices on Monday after becoming part of the elite club. ...

Is Zomato a New-Age tech stock in the BSE SENSEX?

Zomato, the food delivery giant, becomes the first new-age tech stock to be included in the benchmark BSE Sensex. This entry, effective from December 23, came as part of the half-yearly rebalancing of the 30-share index. Replacing JSW Steel, Zomato's inclusion marks a shift in the Indian equity market. ...

Why did Zomato join SENSEX?

Zomato on Monday became the first new-age company to join the prestigious 30-share benchmark Sensex, replacing JSW Steel. This milestone marks a significant achievement not only for Zomato but also for the Indian startup ecosystem, which is increasingly making its presence felt in the $5.2 trillion listed ecosystem. ...

Is Zomato a SENSEX stock?

Zomato’s stock has surged 3.6 times since its Rs 9,375-crore IPO in July 2021, when shares were sold at Rs 76 apiece. The stock currently trades at Rs 274. The company’s inclusion in the Sensex was made possible after it was added to the futures and options (F&O) segment last month, along with 44 other companies. ...

How did Zomato's stock perform before SENSEX inclusion?

Zomato’s stock performance prior to its Sensex inclusion had already caught the attention of investors. Over the last six months, the share price surged around 38 to 43%, delivering a robust 114 to 126% gain compared to the previous year. As of Monday (December 23), the company's market capitalization stands at around Rs 2.64 lakh crore. ...

Will Zomato & JSW Steel exit the SENSEX?

According to Nuvama Alternative & Quantitative Research, Zomato's entry into the Sensex is anticipated to attract passive inflows of $513 million, while JSW Steel's exit is expected to lead to outflows of $252 million. The adjustment officially took effect at the close of Friday, December 20, as the BSE Sensex reshuffled its components. ...