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