in India

Can Zomato shares fall another 39% to as low as Rs 130? Macquarie thinks so

250 Views

Global brokerage firm Macquarie on Monday reaffirmed its ‘underperform’ rating on Zomato, at a target price of Rs 130 per share, which implies a potential downside of nearly 39% from current levels.

The downgrade follows the food delivery giant’s disappointing Q3 results, which revealed…

Read More

What do you think?

0 Points
Upvote Downvote

Written by pulseadmin

Leave a Reply

Your email address will not be published. Required fields are marked *

GIPHY App Key not set. Please check settings

Strategies for balancing portfolios to reduce exposure to market volatility in 2025

budget 2025 expectations: What the hotel industry needs: Another Incredible India campaign, infrastructure status & more