🤔 Why Zomato's share price keeps on falling?📊Twitter's earnings explained in 3 charts|✍️INDaily
Good evening, Investors.
One question that is in the mind of every single investor : Why does Zomato's share price keep on falling? Will it ever touch Rs. 100 again?
Zomato Share Price: What is happening?
Zomato share price has been on a free-fall since touching its 1-year high of Rs. 160 per share in November.
Let's deep-dive into Zomato share price movement:
Why is Zomato share price falling? Will it ever cross INR 100 again?
Ongoing losses in Zomato's financials, Acquisition of loss-making Blinkit, 5% GST hurting the profits, and Lock-in getting over for pre-IPO investors to sell the stock are among many of the reasons for the fall. Check out the details here
Many brokerage houses have given recommendations on Zomato stock after the March quarter's earnings and Blinkit acquisition - the target share price ranges from ₹70 to ₹130. Check out the details here
🚀 INDQuiz : Why is Zomato's share price falling today? Click to Answer and win Apple Stocks
Twitter share price: How's it moving?
Chartbook on Twitter's earnings:
For a detailed review of Twitter's earnings, please click here
🚀 INDQuiz : Will Twitter win the legal battle against Elon Musk? Click to Answer and win Apple Stocks
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