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Zomato's shares fall more than 10% in two days to ₹124.65
short by Hiral Goyal / on Tuesday, 24 August, 2021
The shares of Zomato slumped as much as 5% to ₹120.50 on Tuesday, a day after falling 9% after the lock-in period for anchor investors ended. The food delivery startup's shares were down 2% at ₹124.65 on the NSE after the markets closed. Zomato's market capitalisation, which had previously surpassed ₹1 lakh crore, stood at about ₹97,790 crore on Tuesday.