Why Zomato shares plunged to all-time low today

Zomato share price today tumbled by over 11 per cent in early morning deals as one year lock-in for promoters, shareholders, employees and other has ended today. The food chain platform’s total paid up capital of the one year overhang is around 78 per cent and market experts were expecting Zomato shares to witness sell-off pressure this week. The public issue of Zomato Limited was listed on BSE and NSE on 23rd July 2021.

Why Zomato shares plunged to all-time low today

Zomato share price plunges 14%, hits new all-time low; check what’s fuelling the sell-off

Zomato plummets 14%, hits record low after lock-in for 613 crore shares ends

Zomato Shares Fall to Record Low as Lock-In For Pre-IPO Investors Expires

Zomato tanks 14%, hits new low as lock-in for pre-IPO investors ends



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