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2024-11-13 06:46:19| The Economic Times

Macquarie raises Zomato's target price to Rs 130 but maintains an 'underperform' rating due to growth risks. Zomato's competitor Swiggy also attracts mixed ratings from brokerages.


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2024-11-13 06:10:21| The Economic Times

Prosus NV, Tencent's top investor, has made over $2 billion from its investment in Swiggy, highlighting the value of its portfolio beyond Tencent. Prosus and Naspers Ltd. invested $1.3 billion for a 31% stake in Swiggy, which is aiming for an IPO valuation of up to $11.3 billion in India.


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2024-11-13 05:54:19| The Economic Times

Hyundai Motor India Share Price: Hyundai India's shares tumbled over 5% after the company reported a 16% decline in Q2 profit, citing weak demand and high discounts. Despite the challenging market conditions, several brokerages remain optimistic about Hyundai's long-term growth prospects, driven by its SUV lineup and export opportunities.


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