Zomato’s Road Ahead Is Set To Be Arduous | Mint - Mint


5/25/2022 12:00:00 AM2 years 11 months ago
by Vineetha Sampath

Zomato’s valuations will not see a significant rerating unless there is a spike in the contribution margin

Zomato Ltds shares are 18% below its issue price of 76 apiece and sentiments about the stock are unlikely to improve unless there are meaningful signs of a turnaround in profitability. This is despit… [+2508 chars]

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