New Delhi. No one knows when the luck of which investor and company will shine in the stock market. Something similar happened in the stock market today. Online food delivery app Zomato beat companies like Tata Motors and Bajaj Auto and became richer than them. This has been possible due to the kindness of investors. In fact, Zomato's market cap has reached Rs 2.78 lakh crore and is more than both these companies. Tata Motors' market capitalization on BSE is Rs 2.73 lakh crore, while Bajaj Auto's market capitalization is Rs 2.50 lakh crore. However, market capitalization fluctuates due to fluctuations in the share price. But Zomato has surprised everyone in terms of market cap.

Along with this, Zomato is going to join the Sensex from December 20. Zomato's shares have given a return of 130 percent in the last one year. The company's growth and guidance have increased the confidence of investors, so the stock has been witnessing continuous buying for the last several months.

Shares doubled their money in a year

Zomato's stock is currently trading at Rs 288. If we look at the company's performance in the last six months, its shares have jumped by 46.76 percent. There has been an increase of Rs 164.70 in 2024 alone. Zomato's shares have touched a 52-week high by showing a level of Rs 304.70. At the same time, it has touched the lowest level of one year by going to the price of Rs 120.20.

The journey from Foodibay to Zomato

Let us tell you that Zomato's co-founders Deepinder Goyal and Pankaj Chaddha together launched the Foodiebay website in 2008, which later became Zomato. After this tremendous success in Delhi-NCR, the company expanded its business to cities like Pune, Ahmedabad, Bangalore, Chennai and Hyderabad.