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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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24.11 Oil falls as Ukraine peace talks edge toward a solution 24.11 Gold dips as dollar firms on reduced rate-cut prospects 24.11 Most top Indian investors see drop in net worth in JulySept quarter 24.11 Truhome lines up FY26 IPO, aims to grab no. 2 spot soon 24.11 Quarter the 13th: Banks feel the squeeze as margins get tight 24.11 Overleveraged borrowers in microfinance down by a half 24.11 Will Nifty break 26,300 and chart a fresh record high this week? 24.11 Machu Picchu hit by a row over tourist buses More »