Tag: brokerages on zomato

Zomato gets nearly ₹6 crore relief as GST authorities drop tax demand – CNBC TV18

[ad_1] In relief for the food-tech major Zomato, the company updated stock exchanges that it has received a favorable ruling from the Commissioner (Appeals), Gurugram, Haryana, which set aside a ₹5.91 crore goods and services tax (GST) demand raised by the Additional Commissioner of CGST, Gurugram. The demand, covering July 2017 to March 2021, included […]

Zomato share price may rise to ₹350, say analysts after strong Q1, positive outlook – CNBC TV18

[ad_1] Brokerage firm CLSA has maintained its “buy” recommendation on food delivery aggregator Zomato Ltd. and raised its price target to ₹350 from ₹248 earlier. This is the highest price target for the stock on the street after it reported its June quarter results on Thursday afternoon. CLSA has also raised its earnings estimates by […]

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