Zomato shares plunge over 4% on block deal worth Rs 622 crore

Zomato block deal took place at a discount of 1%. The stock had closed at Rs 139.55 on Friday after hitting a fresh 52-week high of Rs 141.50. After hitting a 52-week low of Rs 44 on January 25, 2023, the stock has witnessed a sharp rally and delivered over 220% returns as of January 12, 2024.
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