Zomato shares crack 9% after Q3 PAT falls 57% YoY. Should you buy, sell or hold?

Zomato shares plunged 9% in early trade on the BSE, hitting their day’s low of Rs 219 on Tuesday, January 21, after the food delivery company reported a 57% decline in its consolidated net profit for the December quarter, at Rs 59 crore, compared to Rs 138 crore in the same period last year.

The…