Zomato Slips Below 200 Mark, Hits Lowest Level Since July 2024 Amid Slowing Growth and Blinkit Losses

has once again slipped below the 200 mark, trading at its lowest since July 2, 2024. This decline is likely driven by slowing growth in its core food delivery business, as demand softens. Additionally, mounting losses from its quick commerce arm, Blinkit, have added to investor concerns. As the company faces these challenges, the pressure on its stock continues, reflecting uncertainties about its growth prospects in the competitive food delivery and e-commerce sectors. Disclaimer: This post is for informational purposes only and does not constitute investment advice.