Shares of Zomato listed at a hefty premium on Friday. The company's market capitalisation (market-cap) vaulted past the Rs 1-trillion mark, pipping some of the big players like Tata Motors, Shree Cement, Indian Oil Corporation Limited (IOCL), Tata Consumer.
On National Stock Exchange (NSE), the stock listed at a 53 per cent premium against its issue price of Rs 76 per share. On the BSE, the stock listed at Rs 115, a 51 per cent jump over its issue price. READ HERE
After a bumper debut, analysts advise short-term investors to book profit though long-term investors, they suggest, should continue