Catch live action of Zomato stock here. Zomato will become a part of the benchmark BSE Sensex, replacing JSW Steel from December 23. Zomato’s board on November 23, 2024, approved proposal to raise capital by way of QIP.

With this, Zomato is set to replace JSW Steel in the 30-stock benchmark index as part of the upcoming reconstitution, effective December 23

Shares of online food delivery firm Zomato climbed nearly 4% on Monday following news that it will become a part of the BSE benchmark Sensex from December 23.

Zomato stocks surged in early trade on Monday, mirroring the stock market rally following a major announcement.

Food delivery giant Zomato shares rallied 5% in todays trading session, as the company is all set to enter the BSE Sensex. Zomato is going to replace JSW Steel on the BSE Sensex to be included in the list of 30 companies effective from December 23rd,

Zomato shares jumped more than 7 per cent after share holders nodded to QIP (Qualified institutional placement), of Rs 8,500 crore. Zomato also will be included in BSE's Sensex replacing JSW steel in the index.

Out of the 27 analysts that track Zomato, 24 of them have a 'Buy' rating, while the other three have a 'Sell' rating on the counter.

Zomato shares opened higher at Rs 273 against the previous close of Rs 264.15. The stock surged 7% intra day to Rs 282.85.