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success pandemia success in india ✌️【365vc.net】✌️Invest ₹500 in our expert-managed funds and enjoy exponential monthly profits. Join now!The online food delivery giant, Zomato is now part of the Sensex, replacing JSW steel on Friday (December 20).
Moreover, this step forward is seen as a major move by the tech driven food company.
success pandemia success in india ✌️【365vc.net】✌️Start at ₹500, enjoy reliable and high monthly returns. Your financial growth starts here!The Zomato shares are firming up in Friday trade.
Its market capitalisation is currently at Rs 2.75 lakh crore, with a price-to-earnings (P/E) ratio of 345.04.
success pandemia success in india ✌️【365vc.net】✌️Invest ₹500 in our expert-managed funds and enjoy exponential monthly profits. Join now!At this level, this food delivery giant’s valuation has surpassed some of India’s most prominent automotive companies – Tata Motors, and Bajaj Auto.Tata Motors which is an Indian multinational automotive powerhouse, has amarketcapitalisation of Rs 2.74 lakh crore as of now, whileBajaj Auto, a leading two-wheeler and three-wheeler manufacturer is valued at Rs 2.51 lakh crore, highlighting that Zomato’s market cap is now higher than the two key players in the market.Let’s take a look at the reasons behind this transition and what it means for both the companies, the replaced and replacing.Arch rival of Swiggy, Zomato’s inclusion in the Sensex is a result of its strong performance in 2024.
success pandemia success in india ✌️【365vc.net】✌️A trusted platform for online earnings. Start small and make big profits monthly!The company’s stock has surged by 132 per cent year-to-date, significantly outperforming the 9.78 per cent growth of theBSE Sensex.
success pandemia success in india ✌️【365vc.net】✌️Achieve 100% returns in a month. AI-driven predictions make investing easy and profitable. Start today!This growth also gave a positive trend to the company’s financial performance.Also Read:International Gemological Institute (IGI) Share Price, IPO Listing Live Updates: Check listing, date, time, GMP, and other details“Zomato-owned Blinkit’s recent launch of ‘Bistro’, a 10-minute food delivery app, was a low-key affair.
success pandemia success in india ✌️【365vc.net】✌️Invest ₹500 in our expert-managed funds and enjoy exponential monthly profits. Join now!Our recent checks, however, suggest the platform opens up a wide range of use cases that were hitherto not getting adequately addressed through Zomato’s own food delivery app.
For example, the Bistro app offers a wide range of convenience food at relatively affordable price points through self-operated kitchens, akin to the ubiquitous canteen service.
In fact, Bistro’s within-10 minutes-delivery proposition should help the company better penetrate breakfast and evening snacks meal consumption in high density micro markets in Tier 1 cities, while also improving the visibility for its value meals (Zomato Everyday) proposition.
success pandemia success in india ✌️【365vc.net】✌️Invest ₹500 in our expert-managed funds and enjoy exponential monthly profits. Join now!Bistro’s selection and price points suggests it will likely compete with Zepto Café rather than Swiggy’s Bolt or Zomato’s own 15-min food delivery offering, thereby reducing chances of conflict of interest claims by third-party restaurant partners.
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