Zomato’s stock increased by almost 2 per cent during trading on the National Stock Exchange (NSE) on September 18, reaching a 52-week high of Rs 105 ($1.26), Moneycontrol reported.

Investors laud Zomato for keeping its word as stock price drives to a 52-week high

The food aggregator Zomato also confirmed that it will lay off just under 3 percent of its workforce across the country based on regular performance.

Zomato confirms plans to lay off 3% staff nationwide

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Investors laud Zomato for keeping its word as stock price drives to a 52-week high

Zomato confirms plans to lay off 3% staff nationwide