Zomato, the app-based food delivery giant listed in July 2021, is set to replace JSW Steel in the Sensex from December 23, as announced by BSE.
With a market capitalization of ₹2.3 lakh crore, Zomato is now ranked as the 37th most valuable company in India. This marks a significant milestone for the company, reflecting its growing influence in the market. The inclusion highlights Zomato's rapid growth and solidifies its position in India's stock market, pushing traditional players like JSW Steel out of the prestigious index.