Zomato share price hits 52-week high, touches IPO price of ₹76; time to sell or hold?
Zomato's share price has reached its 52-week high, hitting its IPO price of ₹76. The company's shares have risen by nearly 48% since March 28, with a positive outlook from analysts following narrowed losses and increased revenue in Q4FY23.
Zomato share price touched its 52-week high level and reached IPO price of ₹76. The online food aggregator, Zomato shares opened at ₹74.80 apiece on BSE on Thursday's trade and hit a intraday high of ₹76 and low of ₹73.69 apiece. Since March 28, the company's shares have been trending in the direction of their IPO price of ₹76, and during this time, they have risen by nearly 48%.
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