At Rs 92.75 apiece, the food delivery Stock has plummeted 45% from its 52-week high of Rs 169.1 in Nov 2021.
Zomato Tanks Over 18%, Shares Fall Under Rs 100 on Monday; Records All-Time Low.
ZOMATO Share Today - All-Time Low
Such things are bound to happen when stocks are bought in at higher prices leaving almost no upside for the listing subscribers. If this was a business that was earning money then in future there is the scope of recovery but with no profit and increasing losses, let’s see how this one plays out.
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