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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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04.01 Third of Londoners suffer 'hygiene poverty' 04.01 Massive upside: 8 largecap stocks set for up to 35% gains in 2026 04.01 Price increase on school meals will 'acutely' affect children in poverty 04.01 Will we see signs of economic growth in 2026? 04.01 Bullion boom: Will gold hit $5,000 and silver touch $100 in 2026? 04.01 How leaders can use AI to get back on track after the holidays 04.01 US actions in Venezuela constitute dangerous precedent, international law not respected: UN chief 04.01 Donald Trump's bet on regime change in Venezuela is a sharp departure from MAGA agenda More »