Zomato's Market Cap Surpasses INR 1 Lakh Cr, Shares Up 4%

The shares of foodtech giant Zomato rallied over 4% to hit the day’s high at INR 119 on BSE during Wednesday’s (November 29) session. The company’s market capitalisation surpassed INR 1 Lakh Cr. Zomato shares surged after the company’s shares exchanged hands at an average price of INR 112 per share with a total transaction value of INR 3,326 Cr.