Zomato stock price is falling sharply- Here’s why…
By
Binu Mathew
Zomato shares fell 5% to an intra-day low of Rs 251.55 after the brokerage house Jefferies downgraded the stock to a ‘Hold’ rating from ‘Buy’, with a target price of Rs 275. The target price indicates limited upside for the stock from current levels
Zomato: What’s Jefferies’ big worry?