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


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…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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