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Zomato Shares Tumble Over 5% To Drop Below INR 200 Mark

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SUMMARY

While the stock has given a return of 30.31% in the past one year, it has declined over 6% in the last month amid the downturn in the broader market

Zomato’s market capitalisation stood at INR 1.94 Lakh Cr and more than 6.6 Cr shares changed hands by 12:30 PM

On Monday, Zomato said that it has received approval from its shareholders to change its name to Eternal Limited

Shares of foodtech giant Zomato slumped 5.4% to INR 199.75 during the intraday trading session on the BSE on Tuesday (March 11). 

However, the stock…

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