A tale of delusion, disruption, and a lot of investor tears
Published on EduInvesting.in | May 2025
Once upon a time, these stocks were the poster children of “India’s digital future.”
Now? They’re the financial version of “It’s not you, it’s the macros.”
They’ve fallen 70% (or more) from their peaks — but still walk around like they own the index.
Let’s meet our “Main Characters” of the Market Melodrama.
🎠1. Zomato — From ₹169 to ₹48, and now to ₹140+ (Plot Twist!)
📉 Fall from high: ~70% (at bottom)
🎢 Current status: ~Up 170% from lows
🍕 Tagline: “Still delivering food and quarterly surprises”
Backstory:
Zomato was listed in July 2021 amid fries, funds, and frenzy. The IPO was oversubscribed like a free pizza party.
Then came 2022. Reality was served cold.
- Blinkit losses = investor blinked and dipped
- Profits? Haha bro, we’re a growth company!
- Stock fell like your willpower during Navratri fasts
Plot Twist:
Zomato posted a surprise profit. Costs dropped, volumes rose, and delivery finally made sense.
đź§ EduInvestor Take:
Zomato is that guy who partied too hard at 22, but now has a job, a haircut, and a SIP.
âś… Can it rebound? Yes.
⚠️ Should you trust it fully? Only after 3 more profitable quarters.
💸 2. Paytm — “Soundbox toh bajta hai, par profit kab bajega?”
📉 From ₹1950 to ₹310 (low), now ₹420
📉 Still down ~75% from IPO
💳 Tagline: “Payments king, profits peasant”
Backstory:
Paytm came to the IPO party dressed