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Zomato shares rise 3%, near record high on UBS optimism for growth

2024-09-12 07:29:41| The Economic Times

Zomato Share Price: Shares of Zomato surged 4% to a new high of Rs 283.60 after UBS maintained a buy rating with a target price of Rs 320. The growth optimism follows Zomato's acquisition of Paytm's ticketing business and positive outlooks from Jefferies and JP Morgan. The stock has risen 15.6% over six days.


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