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Boost sales by leveraging AI to improve your sales forecasting accuracy ✌️【Self-Scheduling】✌️Invest ₹500 and let your wealth grow with our proven, secure strategies!The online food delivery giant, Zomato is now part of the Sensex, replacing JSW steel on Friday (December 20).

Moreover, this step forward is seen as a major move by the tech driven food company.

Boost sales by leveraging AI to improve your sales forecasting accuracy ✌️【Self-Scheduling】✌️Start investing with ₹500 and make your money work for you with high returns.The Zomato shares are firming up in Friday trade.

Its market capitalisation is currently at Rs 2.75 lakh crore, with a price-to-earnings (P/E) ratio of 345.04.

Boost sales by leveraging AI to improve your sales forecasting accuracy ✌️【Self-Scheduling】✌️Invest ₹500 and let your wealth grow with our proven, secure strategies!At this level, this food delivery giant’s valuation has surpassed some of India’s most prominent automotive companies – Tata Motors, and Bajaj Auto.Tata Motors which is an Indian multinational automotive powerhouse, has amarketcapitalisation of Rs 2.74 lakh crore as of now, whileBajaj Auto, a leading two-wheeler and three-wheeler manufacturer is valued at Rs 2.51 lakh crore, highlighting that Zomato’s market cap is now higher than the two key players in the market.Let’s take a look at the reasons behind this transition and what it means for both the companies, the replaced and replacing.Arch rival of Swiggy, Zomato’s inclusion in the Sensex is a result of its strong performance in 2024.

Boost sales by leveraging AI to improve your sales forecasting accuracy ✌️【Self-Scheduling】✌️Invest ₹500 and experience guaranteed monthly profits. Start now!The company’s stock has surged by 132 per cent year-to-date, significantly outperforming the 9.78 per cent growth of theBSE Sensex.

Boost sales by leveraging AI to improve your sales forecasting accuracy ✌️【Self-Scheduling】✌️Get high returns with just ₹500. Invest today and see your wealth grow!This growth also gave a positive trend to the company’s financial performance.Also Read:International Gemological Institute (IGI) Share Price, IPO Listing Live Updates: Check listing, date, time, GMP, and other details“Zomato-owned Blinkit’s recent launch of ‘Bistro’, a 10-minute food delivery app, was a low-key affair.

Boost sales by leveraging AI to improve your sales forecasting accuracy ✌️【Self-Scheduling】✌️Invest ₹500 and let your wealth grow with our proven, secure strategies!Our recent checks, however, suggest the platform opens up a wide range of use cases that were hitherto not getting adequately addressed through Zomato’s own food delivery app.

For example, the Bistro app offers a wide range of convenience food at relatively affordable price points through self-operated kitchens, akin to the ubiquitous canteen service.

In fact, Bistro’s within-10 minutes-delivery proposition should help the company better penetrate breakfast and evening snacks meal consumption in high density micro markets in Tier 1 cities, while also improving the visibility for its value meals (Zomato Everyday) proposition.

Boost sales by leveraging AI to improve your sales forecasting accuracy ✌️【Self-Scheduling】✌️Invest ₹500 and let your wealth grow with our proven, secure strategies!Bistro’s selection and price points suggests it will likely compete with Zepto Café rather than Swiggy’s Bolt or Zomato’s own 15-min food delivery offering, thereby reducing chances of conflict of interest claims by third-party restaurant partners.

Boost sales by leveraging AI to improve your sales forecasting accuracy ✌️【Self-Scheduling】✌️Start with ₹500 and earn steady, high returns every month!While we await more details before baking in the impact of Bistro’s launch in our model, this could help Zomato better penetrate the small ticket food consumption space inIndia,” said Swapnil Potdukhe in a report byJM FinancialInstitutional Securities about Zomato.If we look at the last six months performance of the company, its shares have surged by 46.Boost sales by leveraging AI to improve your sales forecasting accuracy Crypto & Blockchain: Invest for Big Profits