Zomato shares hit 52-week low, down over 25% in 5 days

Shares of Zomato continued to remain under pressure as it plunged another 10% in Monday’s early deals to ₹100 apiece on the BSE, its lowest since listing in July. The stock has plummeted over 25% in the last five trading sessions. The food delivery platform’s scrip got listed in July 2021 and is up more than 34% from its IPO issue price of ₹76.