Zomato share price extends decline for the fifth straight session. Opportunity to buy?

Zomato share price declined over 2% on Monday, extending losses for the fifth straight session. Zomato shares fell as much as 2.19% to a low of ₹272.15 apiece on the BSE. In the past five sessions, Zomato shares have plunged more than 8%.

Zomato shares hit a 52-week high of ₹298.20 apiece on September 24, and has been on a slide since then.