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Zomato Shares Hit 52 Week High Today,Back Near IPO Price After Two Years

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The shares of Zomato Ltd record a one year high with stock gained nearly 53 per cent in the last 52 week. The stock of Zomato is witnessing a surge of Rs 77.35 a share, a level last seen on April 26, 2022.

In the end of March 2023, Zomato share dropped down at Rs 50 apiece. The stock was trading at Rs 77 on BSE at 1pm, up by 1.64 per cent from the previous close.

Since March, the stock gain a rise of nearly 53 per cent. It is still down 52 percent from its record closing high of Rs 160.30 hit on November 15, 2021.

After entering the new financial year, the shares of Zomato has increased around Rs 50 to Rs 77 apiece levels. The company shares had started signaling about the end of base building mode in January 2023 when it rebounded from Rs 47 apiece levels and sustained above this fresh bottom made after bouncing back from 52-week lows of Rs 40.60 apiece made in July 2022.

Zomato Ltd Shares

The shares of Zomato on Friday at 3:30pm IST were at Rs 77.90, up by 2.77 per cent.

Maharashtra

Opposition protests against the government for declaring Wari as urban Naxal

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Mumbai: On the fourth day in the Maharashtra Legislative Assembly, the opposition created a ruckus over declaring Wari as urban Naxal and has made serious allegations against the government of insulting Wari. On the fourth day of the Maharashtra Legislative Assembly, the opposition has made several serious allegations against the ministers of the government while protesting on the steps of the Vidhan Bhavan. The ministers included in the cabinet of the state government are misusing their powers and occupying government lands in the state.

Just as the ruling front is trying to defame the holy pilgrimage of Hinduism, Wari, by calling Vitthurai and Warkars urban Naxalites and urban Maoists, in the same way it is insulting Wari Palkhi. This is reprehensible. Members of the Maha Vikas Aghadi staged a strong protest on the steps of the Vidhan Bhavan against the ruling front and accused the government of insulting Wari. In this demonstration, the members also raised slogans cursing the government and said that due to the scamster government, farmers are dying of hunger and the ministers are calling the laborers urban Naxalites. Shiv Sena leader of opposition Ambadas Danve, Vijay Varditwar, Sachin Ahir, Jitendra Ahawat etc. participated in this protest.

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Maharashtra

Maharashtra Urdu Academy should be formed, funds and staff should be appointed for the promotion of Urdu language Abu Asim Azmi

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Mumbai: Mumbai Maharashtra Legislative Assembly member Abu Asim Azmi has demanded the immediate formation of Urdu Academy to promote Urdu. He said that academies of other languages ​​including Gujarati and Marathi are active, but the condition of Urdu Academy is pathetic. Earlier there were 25 employees in this academy, but now only the superintendent is left. The remaining 24 have retired. The government needs to pay attention to the plight of Urdu.

The formation of this academy will promote Urdu. Azmi demanded that the Urdu Academy is facing difficulties due to the provision of funds. He said that the government allocates Rs 1 crore on paper, but this fund is not provided. Abu Asim Azmi said that Urdu is the language of our country. Whenever the Chief Minister or any other minister speaks in the House, they resort to Urdu poetry. But when it comes to the establishment of Urdu Academy and the development of Urdu language, the government is doing injustice

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Maharashtra

On the third day of Maharashtra Assembly, the opposition protested against the corruption of Rs 3000 crore.

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Mumbai: On the third day of Maharashtra Assembly in Mumbai, the opposition accused the ruling party of corruption and protested on the stairs of Vidhan Bhavan, accusing the government of giving contracts to every company of its choice. The state’s construction and development department has given a contract of Rs 3000 crore to Mahagathbandhan government’s Megha Engineering Company. Many shortcomings have been found in the work of this company, but despite this it is dear to the government. Therefore, slogans were raised on the stairs of Vidhan Bhavan that giving contract to this company is condemnable. Opposition members were also holding banner posters of contractor Megha Engineering, in which the picture of the owner of Megha Company was also visible. The opposition has intensified its protest against corruption in the Mahagathbandhan government. Shiv Sena opposition leader Ambadas Danve, Congress members and all parties including Congress protested loudly on the stairs of Vidhan Bhavan and drew the attention of the government towards this.

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