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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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17.01 Bitcoin is a safe asset only until decrypted: Chris Wood 17.01 Venezuelan banks will get $300 million of oil money to sell on exchange market, sources say 17.01 Oil prices settle up as US begins holiday weekend 17.01 Gold falls over 1% as profittaking, easing geopolitical risks weigh 17.01 US dollar gains as odds drop on Hassett being made Fed chair 17.01 Budget 2026: Bond market vs equity market expectations 17.01 Evening Headlines 17.01 Reliance Industries profit flattens in Q3 on gas output, retail pressures More »