India, Feb. 4 -- Shares of foodtech giant Zomato plunged nearly 4% to INR 229.35 during the intraday trading session on the BSE today (February 4).

With a drop in its share price, its market capitalisation declined to INR 2,24,032 Cr with more than 2.28 Cr shares traded hands by 11:58 AM.

On a year-to-date (YTD) basis, the stock declined nearly 16% at the current market price.

At the time of writing, Zomato recouped some of its losses and was trading nearly 2.5% low at INR 232.05 apiece on BSE.

(The story will be updated soon)

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