Credit Suisse has maintained its ‘outperform’ rating on the stock, with a target of Rs 90. The brokerage said Zomato is on a clear road to profitability growth. It said that existing core customers would drive the food business. CS said in a duopolistic industry, the core user base will drive margins.
9 equity MF categories that delivered over 20% returns in 5 years
Around 9 equity mutual fund categories have offered over 20% returns in the last five years, according to data by ACE MF. These categories offered