Future Tech
India's Zomato tumbles over 14% as share lock-in period comes to end
BENGALURU - Shares of Indian food delivery company Zomato plunged 14.3% to a record low on Monday, as a one-year lock-in period for promoters, employees and other investors came to an end following a 2021 listing.
Zomato made a stellar debut on July 23, 2021 in the Mumbai market, but its shares have lost more than 60% of their value since then.
- Reuters
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
