Zomato zooms 70% in less than a month. Is it a momentum trap?

Zomato zooms 70% in less than a month. Is it a momentum trap?

NEW DELHI: As investing legend John Templeton had famously said “the time of maximum pessimism is the best time to buy”, the power of hindsight indicates that July 27 could have been the worst day for . After hitting a 52-week low of Rs 40.60 last month-end on NSE, the new-age stock has rallied 70 … Read more