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After blockbuster listing, what should you do with Zomato stock?

Zomato IPO has opened the doors for new-age tech businesses to tap primary markets. Paytm, PolicyBazaar and Mobikiwik are some other names gearing up to tap the primary maket

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Saloni Goel New Delhi
Shares of Zomato listed at a hefty premium on Friday. The company's market capitalisation (market-cap) vaulted past the Rs 1-trillion mark, pipping some of the big players like Tata Motors, Shree Cement, Indian Oil Corporation Limited (IOCL), Tata Consumer.

On National Stock Exchange (NSE), the stock listed at a 53 per cent premium against its issue price of Rs 76 per share. On the BSE, the stock listed at Rs 115, a 51 per cent jump over its issue price. READ HERE

After a bumper debut, analysts advise short-term investors to book profit though long-term investors, they suggest, should continue

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First Published: Jul 23 2021 | 11:11 AM IST

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