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2025-01-09 07:07:06| The Economic Times

Kotak Institutional Equities has maintained a buy rating on Zomato with a target price of Rs 305, expecting a 22.3% upside. The brokerage forecasts a 19% YoY growth in Zomatos food delivery GMV and a 114% growth in Blinkit GMV. While Blinkit's expansion may lead to widening EBITDA losses, its strong unit economics continue to support long-term growth potential.

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09.02 Positive Breakout: These 12 stocks close above their 200 DMAs 09.02 Indian rupee to gauge sustenance of foreign flows, bonds back to supply worries 09.02 Asian stocks rise, Nikkei jumps after Takaichi win 09.02 Stake of local institutions in Indian cos hits new high 09.02 Should long term investors bet on Aye Finance IPO? 09.02 RBI signals pause after December cut as inflation pressure edges up 09.02 Seafood stocks dip amid margin pressure and competition 09.02 Southwests Super Bowl ad owned itself a little too hard More »