A Zomato 2022 Update: Value, Pricing and the Gap
Musings on Markets
JULY 27, 2022
On July 21, 2021, I valued Zomato just ahead of its initial public offering at about ? The market clearly had a very different view, as the stock premiered at ? 169 per share in late 2021. per share, and the mood and momentum that worked in its favor for most of 2021 had turned against the company. 41 per share.
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