Last update:November 22, 2024, 7:08 p.m. IST

Zomato shares have surged more than 112 percent so far this year.

Zomato reported a net profit of Rs 176 crore in the second quarter.

Food delivery platform Zomato is set to replace JSW Steel in the 30-stock BSE Sensex, starting December 23. The exchange also announced the introduction of 43 new stocks in the futures and options (F&O) segment.

Zomato shares have surged more than 112 percent so far this year. On Friday, the stock fell 0.97 per cent to close at Rs 264.15 apiece on the BSE.

In the last quarter of September 2024, Zomato’s consolidated revenue grew 69% to Rs 4,799 crore. Its net profit also jumped to Rs 176 crore, five times higher than a year ago. Its board of directors has also received permission to raise up to Rs 8,500 crore through an institutional placement termed as equity shares, it said in a regulatory filing.