Zomato stock reminds Shankar Sharma of Amitabh Bachchan’s ‘Deewaar’ dialogue
Damodaran had said this in a blog post when the stock was quoting at Rs 138 per share last year. Zomato’s IPO was priced at Rs 76 per share. From commanding a market capitalisation of about Rs 1.26 lakh crore to a low of Rs 37,439 crore today, the stock has eroded investor wealth quite a bit.
