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Will Zomato's stock price reach Rs 300 by the end of 2024?
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Zomato CEO Deepinder Goyal Becomes Billionaire as Stock Hits Rs 232, Up 4%
Jul 15, 2024, 06:02 AM
Zomato's stock reached a new record of Rs 230 on the BSE, gaining as much as 2 percent during the day, with its market cap surging past Rs 1.8 trillion. This surge has propelled founder and CEO Deepinder Goyal into the billionaire club, with his net worth surpassing Rs 8,300 crore. The stock has seen a remarkable 300% increase since July 2023. Goyal, 41, owns about 36.95 crore shares in Zomato and holds a 4.24% direct stake, along with a significant ESOP package. Zomato's market cap has crossed the $24 billion mark. The new-age stock zoomed over 4% in Monday's session to a fresh all-time high of Rs 232.
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