Zomato are now Valued Higher than this Big Indian Company's after they publish their Q1 Results for the year, Click here to read the full article:

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Zomato's market capitalization briefly surpassed that of IRFC and Nestle as the company's shares soared following the announcement of robust quarterly results. (Zomato Q1 Results)


 Zomato's stock surged by 19.05% to an unprecedented high of ₹278.70 on Friday after the food delivery firm reported a significant increase in its June quarter earnings. 


The company's profit escalated from ₹2 crore in the previous year to a substantial figure, while its revenue witnessed a 74% rise to ₹4,206 crore, surpassing estimates.


 This surge in stock prices propelled Zomato's market cap to a peak of ₹2.46 lakh crore, overtaking major corporations such as Nestle, IRFC, Tata Steel, JSW Steel, and Grasim Industries.


Companies Market Cap In ₹ Lakh Cr
Zomato2.46
IRFC2.44
Nestle 2.38

JSW Steel 2.22
Tata Steel 1.98
Grasim Industries 1.82
SBI Life Insurance 1.78 
LTI Mindtree1.66
HDFC Life Insurance1.51
BPCL1.49
Hindalco1.47

Market Cap of Companies Listed in NSE.

Price Action: Zomato's shares climbed 13.71% to ₹266.19 on Friday morning. Over the past year, Zomato's shares have soared by more than 200%.

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