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Zomato, Policybazaar, Info Edge down up to 9%; hit 52-week lows

Zomato (down 6 per cent to Rs 57.65) and Policybazaar (down 5 per cent to Rs 597.20) have their respective all-time lows since their stock market debut.

Zomato, Policybazaar, Info Edge down up to 9%; hit 52-week lows
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SI Reporter Mumbai
Shares of food delivery company Zomato, PB Fintech, which operates online insurance broker PolicyBazaar and loan marketplace PaisaBazaar, and online & offline services provider Info Edge (India) slipped by up to 9 per cent, hitting their respective 52-week lows on the BSE in intra-day trade on Friday.

Info Edge (India) is founding investor in Zomato and PB Fintech. In the past one week, these three stocks have fallen in the range of 11 per cent to 20 per cent as compared to a 3.8 per cent decline in the S&P BSE Sensex.

Among the individual stocks, Info Edge