Zomato share plunges 10% as COO of food ordering, delivery business resigns

Zomato share price: Food delivery platform Zomato shares plunged up to 9.99 per cent to hit an intraday low of ₹189.60 per share, on Monday, April 7, 2025.

However, at 1:00 PM, Zomato share was off day’s low, and was trading 2.68 per cent lower at ₹205. In comparison, BSE Sensex was trading 4.19 per cent lower at 72,207.56 levels.

The sharp decline in the Zomato share price came after Rinshul Chandra, chief operating officer (COO) of food ordering and delivery business, tendered his resignation on April 5, 2025, to pursue new opportunities and passions.