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Are you a shareholder of Zomato? If not, what is holding you back? I do not want to be a shareholder of Zomato right now at the kind of valuation at which it is listed and the kind of valuation it is currently quoting. I am not for a minute saying it is a bad business or that the future will be uncertain. I think they have a good future. They have raised a lot of money and they are in a segment where the growth potential is significant. But the valuation at which it is currently quoting leaves very little room for error or growth on this level. I know some of the international research reports have pegged the valuations higher compared to current levels but we do not subscribe to that view and we will advise investors not to get involved in Zomato at this stage. Keep watching the space. If and when it is available at a significantly reduced valuations, it may be worth looking at.

Sudip bandyopadhyayMax financial servicesGroup chairmanMax financialMax life insuranceMax lifeசூடிப் பந்தியோபாத்யாய்அதிகபட்சம் நிதி சேவைகள்குழு தலைவர்அதிகபட்சம் நிதிஅதிகபட்சம் வாழ்க்கை காப்பீடுஅதிகபட்சம் வாழ்க்கை