[ad_1] Brokerage firm Bernstein on Tuesday, February 25, said it is positive on Zomato and has projected an upside of 39.2% on the stock from its previous closing price. Company Value Change %Change The brokerage has an “outperform” rating on Zomato with a price target of ₹310 per share, which is slightly higher than its […]
Will Zomato shares double or fall 50%? Here are two contrasting views – CNBC TV18
[ad_1] Most brokerages remain constructive on shares of food delivery aggregator Zomato Ltd., post the listing of its competitor Swiggy on the bourses on Wednesday. Out of the 27 analysts that have coverage on Zomato, 24 of them have a “buy” rating, while the other three have a “sell” rating on the stock. Two brokerages […]
Zomato shares off record high, here’s why Bernstein has raised target price – CNBC TV18
[ad_1] The shares of food delivery aggregator Zomato hit a record high in early trade on September 13 but fell almost 3% from those levels intraday. Global brokerage Bernstein, however, has an outperform call on the stock and has raised its target price to ₹330 from ₹275 earlier. This implies it sees a potential upside […]
Zomato Block Deal: Over 2% equity worth ₹5,438 crore changes hands, Antfin Singapore likely seller – CNBC TV18
[ad_1] As many as 21 crore shares, or 2.4% equity of Zomato Ltd, worth ₹5,438.5 crore changed hands at an average of ₹258 per share. Earlier, CNBC-TV18 reported, that Antfin Singapore was looking to sell 18.5 crore or 2% of the total equity of Zomato via a block deal. At the end of the […]