So, I would say that where those valuations were a little bit overvalued because the whole market was overvalued, to the extent that the correction is coming there, I would say some fund managers would look at buying those not related to the specific case over a period of the next few days because they are good, solid operating companies which are just sentimentally getting affected by this particular case.
Blinkit Blitz: Zomato shares tank 30% from peak. Is it overloading the delivery menu?
Zomato’s stock has dropped 30% from its peak in early 2025, leading to concerns about its growth trajectory. The company reported a significant loss in
January 31, 2025