Zomato share price falls as 2% equity changes hands via block deals on BSE

Shares of Zomato were down 2 per cent at Rs 257.10 on the BSE in Tuesday’s intra-day trade after 2 per cent equity of food aggregator changed hands via block deals. In the past two trading days, the stock declined 8 per cent from its record high level of Rs 280 touched on Monday, August 19.

At 09:15 am; as many as 19.19 crore equity shares representing 2.17 per cent of total equity of Zomato changed hands on the BSE, the exchange data shows. Meanwhile, till 09:59 am; a combined 25.6 million shares or 2.9 per cent equity of Zomato have changed hands on the NSE and BSE. The names of the buyers and sellers were not accessible immediately.

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