Zomato trading at heavy discount to listing price: Should you grab a bite?
NEW DELHI: Despite a 46 percent drop over its peak, analysts largely have a mixed view on whether Zomato has entered into a ‘buy’ zone now. Foreign brokerage JPMorgan says it is too early to bottom fish as the stock continues to trade at a sharp premium to global peers. Kotak Institutional Equities, on the…