Zomato shares rise 0.6 per cent in Monday's trading session

The Relative Strength Index of the stock stood at 62.42 on Monday.

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Shares of Zomato Ltd. rose 0.6 per cent to Rs 274.

55 in Monday's trade as of 12:43PM (IST) even as the benchmark Nifty ruled at 25368.85, up 12.35 points.



The scrip had closed at Rs 272.9 in the previous session. The stock quoted a 52-week low of Rs 97.

81 and a high of Rs 286.5. The company quoted a market-cap of Rs 238902.

36 crore on the BSE . On BSE, 2,503,206 shares have changed hands on the counter so far. At its prevailing price, the stock traded at 396.

85 times its trailing 12-month EPS of Rs 0.68 per share and 7.75 times its book value.

The return on equity (ROE) stood at Rs 1.71. Key Financials For the quarter ended 30-Jun-2024, Zomato Ltd.

reported consolidated sales of Rs 4442.0 crore, up 71.04 per cent from the same quarter a year ago.

The company reported 12550.0 per cent YoY growth in net profit at Rs 253.0 crore for the latest quarter.

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Analysts say the RSI indicator should not be seen in isolation, as it may not be sufficient to take a trading call, just the way a fundamental analyst cannot give a "buy" or "sell" recommendation using a single valuation ratio. (You can now subscribe to our ETMarkets WhatsApp channel ).