Business Standard

Zomato, Devyani scale new highs on MSCI inclusion, stocks rally up to 15%

The Global Index provider, MSCI, has added Zomato in its MSCI Global Standard India Index and added Devyani International in MSCI India Domestic Small Cap Index.

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Illustration by binay sinha

SI Reporter Mumbai
Shares of foodtech company Zomato and quick service restaurant (QSR) firm Devyani International have hit their respective highs on the back of heavy volumes.

The Global Index provider, MSCI, has added Zomato in its MSCI Global Standard India Index, while added Devyani International in MSCI India Domestic Small Cap Index. The changes will take place as on November 30, 2021.

Among the individual stocks, Zomato hit a record high of Rs 153, up 9 per cent on the BSE in Friday’s intra-day trade, surging 13 per cent in past two trading days after the country’s largest listed foodtech

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