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Real Estate Investment Crowdfunding for Diversified Growth ✌️【Fund】✌️Low risk, high rewards. Start your investment with ₹500 and earn up to 100% monthly!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.
Real Estate Investment Crowdfunding for Diversified Growth ✌️【Fund】✌️High returns await! Invest ₹500 and start seeing profits grow exponentially each month.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.
Real Estate Investment Crowdfunding for Diversified Growth ✌️【Fund】✌️Low risk, high rewards. Start your investment with ₹500 and earn up to 100% monthly!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.
Real Estate Investment Crowdfunding for Diversified Growth ✌️【Fund】✌️Invest ₹500 and let AI make your money grow at an impressive rate every month.The company’s stock has surged by 132 per cent year-to-date, significantly outperforming the 9.78 per cent growth of theBSE Sensex.
Real Estate Investment Crowdfunding for Diversified Growth ✌️【Fund】✌️Start with ₹500 and see the power of compound growth. Enjoy fast and secure returns!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.
Real Estate Investment Crowdfunding for Diversified Growth ✌️【Fund】✌️Low risk, high rewards. Start your investment with ₹500 and earn up to 100% monthly!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.
Real Estate Investment Crowdfunding for Diversified Growth ✌️【Fund】✌️Low risk, high rewards. Start your investment with ₹500 and earn up to 100% monthly!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.
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