By Debdeep Gupta | 17 Apr, 2024
Zomato largest gainer among food delivery companies across the world. Has the stock peaked out?
Despite initially eroding over half of investors’ wealth in the year following its 2021 listing, Zomato shares have since staged an impressive turnaround.The food delivery and restaurant aggregator has seen its shares clock a meteoric rise over the past 12 months, surging more than 250 percent in trade.The stock has outpaced all other global delivery majors, such as Deliveroo or Uber. However, a...
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