Zomato share price tanks over 9% post December quarter results.


Zomato share price: Shares of online food delivery and restaurant discovery platform Zomato crashed over 9 per cent in the morning deals on Friday after the company reported narrowing of consolidated net loss to Rs 67.2 crore for the third quarter (Q3) ended December 2021.

The stock crashed 9.15 per cent to Rs 85.85 apiece on the BSE during the morning trade while on the National Stock Exchange (NSE) it fell 8.42 per cent to Rs 86.50 per share. At 10:40 am, the scrip was trading at Rs 88.80 apiece, down Rs 5.70 (6.03 per cent) from its previous close while on NSE it was at Rs 88.75, down Rs 5.70 (6.03 per cent).

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