Zomato share price drops 5% on BSE on Friday; QIP, Q2 results in focus

Zomato fundraise QIP news: Zomato share price today fell 5.4 per cent to Rs 256 per share on the BSE. At 12:43 PM, Zomato shares were trading 4 per cent lower at Rs 259.6 per share as against the BSE Sensex’s 0.33-per cent rise. The drop in Zomato share price came even as the company announced its fund raising plan on Thursday, October 18.