Catch live action of Zomato stock here. Zomato will become a part of the benchmark BSE Sensex, replacing JSW Steel from December 23. Zomato’s board on November 23, 2024, approved proposal to raise capital by way of QIP.

Shares of online food delivery firm Zomato climbed nearly 4% on Monday following news that it will become a part of the BSE benchmark Sensex from December 23.

Zomato's Sensex entry follows the stock's inclusion in the futures and options (F&O) segment. Zomato is also expected to be added to several other indices

With this, Zomato is set to replace JSW Steel in the 30-stock benchmark index as part of the upcoming reconstitution, effective December 23

Zomato shares climbed nearly 4% on Monday after being included in the BSE Sensex, while JSW Steel shares dropped over 2%.

Over the past 12 months, Zomato's stock has delivered an impressive 130% return, significantly outperforming the Sensex's 20% return during the same period. In comparison, JSW Steel, the outgoing constituent of the Sensex,

The foodtech major is also expected to be included in the Nifty 50 benchmark index, potentially leading to fund inflows of $607 million.

Zomato's shares surged 7% as it is set to replace JSW Steel in the BSE Sensex, effective December 23. This inclusion follows a year of impressive growth for Zomato, with its stock delivering 130% returns.

Thus far in the calendar year 2024, Zomato stock price has zoomed 125 per cent, as compared to the 11 per cent rise in the BSE Sensex