India's Zomato surge 13% on narrower quarterly loss
Source: Reuters
BENGALURU, Nov 11 (Reuters) - Shares of Zomato Ltd (ZOMT.NS) jumped 13% on Friday, a day after the food delivery company reported a narrower loss for the second quarter due to a rise in volumes and value of online orders.The company' shares rose as much as 13% to 72.25 rupees in early trading, to hit their highest since June 27.Zomato's consolidated net loss narrowed to 2.51 billion Indian rupees ($30.73 million)…
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