Zomato Share Price: Share price of Zomato jumps as Sensex drops 208.8 points
The share price of Zomato Ltd. gained 0.7 per cent to Rs 277.1 at 11:11AM (IST) in Friday’s trade. The counter has hit a high of Rs 278.8 and low of Rs 275.5 so far during the session. The stock had closed at Rs 275.15 in the previous session.
The counter has had a total traded volume of 364292 shares so far with a value of Rs 10.08 crore on the NSE. It traded at a price-to-earnings multiple of 406.45 and a price-to-book ratio of 7.75.
A higher price-to-earnings ratio shows investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations.
The price-to-book value indicates the inherent value of a company and reflects the price investors are willing to pay even for no…
