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ITNewspapersThe Financial Express

Zomato stock price is falling sharply- Here’s why…

Binu Mathew
By Binu MathewJanuary 8, 2025

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?

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