Back in July-end, all knives were out against the loss-making food-tech company. Valuation Guru Aswath Damodaran went ahead to reduce his fair value target on Zomato from Rs Rs 41 per share to Rs 35.32.
The stock continued to remain the most valued listed company in the country despite the decline.
Domestic equities ended flat on Friday as MPC matched market expectations, while supportive measures announced by the RBI Governor helped strengthen the rupee.
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