Introduction

For most of last week, the zumato stock was unidirectional. In one day alone, it went down ten %, and then another 10%. Since the start of the calendar year, it has shaved off over 71 thousand crow rupees in market capitalization. Zomato clearly has been beaten, bruised and left battered. But can zomato turn a corner and gain new grounds? Will the second quarter numbers of this fiscal be that inflection point? Why then, is a large existing shareholder like huber exiting the company just when the stock has jumped 37 percet after going as low as forty bucks apiece?