Sector Update: Health Care-April 2024-www.financetom.com

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Sector Update: Health Care

Mar 21, 2024 8:36 PM

Previous page： This Rakesh Jhunjhunwala-backed stock has surged over 45% in one month Next page： Zomato allots 4.66 crore shares to employees at Re 1 apiece, stock hits another 52-week low

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This Rakesh Jhunjhunwala-backed stock has surged over 45% in one month

Jul 27, 2022

In the past one month, the stock has gained over 45 percent on the market, compared to a 4.4 percent rise in the S&P BSE Sensex. It is 65 percent up from its 52-week low of Rs 469 which it hit on July 1, 2022.

Zomato allots 4.66 crore shares to employees at Re 1 apiece, stock hits another 52-week low

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At current share prices, the entire allocation is worth about Rs 200 crore. Zomato shares were trading at Rs 43 per share at the time of writing.

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While Zomato shares sharply rebounded by 4.20 percent over the previous day’s close (at the time of writing), the stock is still at a discount of 65.56 percent compared to its closing price on the day of market debut.

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