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Zomato To List On BSE Sensex: Which Company Gets Dethroned? Check All Details Here!

The BSE Sensex 50 index is experiencing a significant reshuffle, with notable inclusions being Zomato, Jio Financial Services, and Hindustan Aeronautics Ltd. Conversely, HDFC Life Insurance Company, Bharat Petroleum Corporation Ltd, and LTI Mindtree will be removed from the index as part of the reshuffle.

Zomato, the online food delivery giant, will join the prestigious BSE Sensex index on December 23, replacing JSW Steel. The latest development was announced by Asia Index Private Ltd, a BSE subsidiary. The Asia Index said on Friday that the changes will be enforced on December 23, 2024. Zomato’s entry into the prestigious 30-stock index is a notable achievement, capping off an exceptional year of growth and performance for the company.

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The reconstitution has a broader scope, affecting not only the Sensex but also other key indices, including the BSE 100, BSE Sensex 50, and BSE Sensex Next 50. Meanwhile, the BSE Sensex 50 index is experiencing a significant reshuffle, with notable inclusions being Zomato, Jio Financial Services, and Hindustan Aeronautics Ltd. Conversely, HDFC Life Insurance Company, Bharat Petroleum Corporation Ltd, and LTI Mindtree will be removed from the index as part of the reshuffle.

ALSO READ: SBI, HDFC To Axis Bank – Explore Today’s Best Personal Loan Interest Rates And Offers!

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Zomato To List On BSE Sensex: All Details

  • Zomato was listed on the Indian Bourses on July 23, 2021.
  • The company’s share closed with a decline of 0.97% at Rs 264.15 apiece on BSE on Friday.
  • Zomato’s share opened at Rs 267.40 apiece on Friday. Meanwhile, shares hit an intraday high at Rs 268.95 and intraday low at Rs 262.60 apiece.
  • 52-week high for the company’s share is Rs 298.20 apiece, hit on September 24, 2024.
  • 52-Week low for the Zomato’s share is Rs 112.50 apiece, hit on November 23, 2023.
  • Currently, the company is listed on the BSE 100 index.
  • The Market Capitalisation of the Zomato is Rs 2,33,411.98 crore.

ALSO READ: 8th Pay Commission: Central Govt Employees May Get 186% Salary Hike – When To Expect?

ABOUT THE AUTHOR

Akshat Mittal

Akshat Mittal

Akshat Mittal is a journalist with over 6 years of experience, focusing on business, technology, and the auto industry. He has covered key developments in these areas, helping readers stay up-to-date with the latest trends. Akshat holds a degree in Journalism from NIU and has worked with well-known media outlets like Inshorts and Legacy India Magazine. Before joining News24, he wrote business and political stories for several newspapers and magazines, contributing editorial and analytical pieces. At News24, all of Akshat’s articles go through a thorough fact-checking process to ensure accuracy. His commitment to delivering reliable information has made him a trusted source for readers. Outside of work, Akshat enjoys reading, writing, traveling, and following the latest in cars. You can connect with him on Twitter (@mittalakshat1) for updates or on LinkedIn for professional conversations.

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First published on: Nov 23, 2024 12:23 PM IST


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