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Zomato shares fall 5% following Jefferies downgrade, target price slashed to Rs 275

Posted by Able on January 06, 2025

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Zomato shares dropped by as much as 4.8% on Tuesday, reaching ₹252.05 on the BSE, after brokerage firm Jefferies downgraded the stock from a "buy" to a "hold" rating.

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Zomato shares fall 5% following Jefferies downgrade, target price slashed to Rs 275

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