Zomato shares at attractive levels, says Jefferies, sees stock to almost double1 min read 27 Jan 2022, 09:28 AM IST
Zomato shares have corrected around 40% from the peak, reflecting the concerns on rising cost of capital, said Jefferies
The meltdown in tech names has been weighing on food delivery stocks like Zomato that has fallen over 25% in the last five trading sessions. Growth contrast through pandemic shows interesting trend for Zomato vs peers, as per Jefferies.
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