Zomato among India's top 50 most valuable listed firms after shares rise 53% on debut

Zomato among India's top 50 most valuable listed firms after shares rise 53% on debut

Photo: Cristiano Pinto / Unsplash

Zomato Ltd became one of the top 50 most valuable publicly traded firms in India after the company’s shares debuted on the stock markets a with a 53% premium on Friday. The food delivery unicorn listed at 116 apiece on the stock exchanges compared to the issue price of Rs76.