Zomato target price: Kotak has retained 'Buy' rating on the stock with a revised SoTP-based fair value of Rs 210 against Rs 190 earlier, as it believes the momentum on the food delivery business remains reasonably healthy,
Analysts at Kotak project a 25 percent year-on-year growth in Zomato s food delivery gross merchandise value (GMV) and an impressive 99 percent on year growth in Blinkit GMV.
There’s a change in market sentiment and the overall mood is once again looking up. Keep these momentum stocks on your watchlist as they can continue their bullish trend.