Food delivery company made record in World Cup, earned Rs 7100 crore in a week

There has been a good rise in World Cup stocks today. The special thing is that since the start of the World Cup, it has increased by more than 8 percent. An increase of more than Rs 7100 crore has been seen in the valuation of the company. Let us tell you about this too.

During the World Cup, there is a tremendous increase in the shares of food delivery company Zomato. Ever since the Cricket World Cup started, Zomato shares have seen a rise of more than 8 percent. During the trading session on Wednesday, the company's shares also reached a 52-week high. According to experts, there may be further rise in the shares of Zomato. The company's shares may rise by another 8 percent in the coming days. In fact, there is an increase in demand for food delivery during the World Cup. Especially in those matches, more pace is being seen on the days when India has matches.

Zomato shares will rise

Today, Zomato shares are seeing a rise of more than 2 percent. According to the data, the company's shares are trading at Rs 108.75 on Bombay Stock Exchange with a rise of 2.50 per cent in 3.15 minutes. However, the company's shares had opened with a slight rise at Rs 106.90 and a day earlier the company's shares had closed at Rs 106.10. If experts are to be believed, the company's shares may reach record levels in the coming years.

Zomato shares reached 52 weeks high

With the current rise, Zomoto's shares reached a high of 52 weeks. The company's share price on Bombay Stock Exchange came to Rs 109.05 after 56 minutes of market play i.e. at 10.11 am. Which is a high of 52 weeks. However, the company's 52-week low is Rs 44.35, which was seen on January 25. Since then the company's shares have given a return of 146 percent to investors.

The company made a profit of more than Rs 7100 crore

Ever since the World Cup started, there has been a tremendous increase in the valuation of the company. In the 5 trading days between October 5 and 11, the company's shares have increased by more than 8 percent and the company's valuation has seen an increase of Rs 7,142 crore. When the market closed on October 4, the company's shares were at the level of Rs 100. Then the market cap of the company was Rs 86,689.79 crore. Today, when the company's shares reached a 52-week high, the market cap of the company has come to Rs 93,831.48 crore. If experts are to be believed, the market cap of the company may cross Rs 1 lakh crore in the next few days.