Zomato below 50 rs. Is it an opportunity?

Nice summary. but still nt understanding why this new age companiesss are inventing new terms like adjusted EBITDA n all.

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Have 14,000 Rs invested for a long time at Rs 118 per share. Gave up averaging the stock long back. When will it bounce back? Thinking to sell it at Rs 60 above level.

So that it can keep retail investors interested in buying the stock :slight_smile:

The move from 44 to 56 is corrective and it will correct soon.

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Last traded price of Zomato was 74, but Tomato was 100 :slightly_smiling_face:

Isn’t that a somewhat usual practice in startups for founders to make some dough on the sides ? Bit of left pocket to right pocket, no ?

It’s human nature. Barring very few, everyone does it if given a chance