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,
Brokerage ICICI Securities is positive on Paytm with a target price of Rs 1,055 mark, indicating an upside of 50 per cent against the market price of Rs 701.30 on May 30, 2023.
Zomato share price target: Nomura India finds the stock worth Rs 45, as it feels achieving high gross order value (GOV) growth and strong contribution margin improvement in core food delivery business remain challenging
The reason behind several Blinkit stores not being available is due to Zomato s changes in the delivery partner payout structure to address the needs of delivery partners, improve customer experience and reduce cancellation/ order rejection frauds by few delivery partners in the system