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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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27.01 Trump raises US tariffs on South Korea imports to 25% 27.01 Asian stocks dip on Korea tariffs, Yen holds gains 27.01 Markets fall 4% in January over foreign fund outflows 27.01 Morgan Stanley, BofA see more in best carry rally since 2009 27.01 Federal Reserve to hold rates as political storm intensifies around Powell 27.01 Eternal shares in stress on Q-comm cash burn quest 27.01 Can India be a player in the computer chip industry? 27.01 Emerging Asia lures capital as geopolitics rattle risk mood More »