Rs 44,600 crore loss! Zomato shares crash 18% in 3 days. Is the worst behind?

by pulseadmin January 23, 2025, 5:54 am 170 Views

Shares of food delivery giant Zomato plunged as much as 5.1% on Wednesday to Rs 203.80 on the BSE, marking an 18.1% decline over the past three trading sessions. The sharp drop followed the company’s subdued Q3 FY25 results, which raised concerns about slowing growth and mounting losses in its…