Zomato share bleeds 5% as Jefferies downgrades to ‘Hold’, slashes target

Zomato share price: Food aggregator Zomato’s shares bled on Tuesday, as the stock plunged up to 5 per cent to hit an intraday low of Rs 251.40 per share.

Zomato’s share price, however, settled 4.82 per cent lower at Rs 251.90 per share.

In comparison, the BSE Sensex settled 0.30 per cent higher at 78,199.11 levels. Notably, the Zomato stock was the top Sensex loser on Tuesday.