Zomato stocks drop after Invesco lowers Swiggy’s valuation

  • Zomato’s stocks dropped 6% at the end of Tuesday’s trading session.
  • This came after Invesco lowered the valuation of Zomato’s rival Swiggy.
  • Zomato’s stocks ended Tuesday’s session at 60.94 Indian rupees (or 74 U.S. cents).
  • This was a 6% decline from the opening price of the day.


Sign Up for nextbigwhat newsletter

The smartest newsletter, partly written by AI.

Download Pluggd.in, the short news app for busy professionals