scorecardresearchZomato Stock Check: We ask fundamental and technical analysts about its future; Here's what they say

Zomato Stock Check: We ask fundamental and technical analysts about its future; Here's what they say

Updated: 29 Jul 2022, 03:08 PM IST
TL;DR.
  • Finance professor and Valuation Guru Aswath Damodaran, who had valued Zomato just ahead of its initial public offering at about 41 per share, has now updated the value of the stock to 35 per share.
Many analysts believe the stock of Zomato will be under pressure in the near term due to uncertainty in the market. Photo: Unsplash

Many analysts believe the stock of Zomato will be under pressure in the near term due to uncertainty in the market. Photo: Unsplash