Macquarie raises Zomato’s target price to Rs 130 but maintains an ‘underperform’ rating due to growth risks. Zomato’s competitor Swiggy also attracts mixed ratings from brokerages.
This strength is underpinned by robust domestic demand, a sustained capex cycle, and relatively limited exposure to global shocks compared to developed markets.
Property Share Investment REIT IPO, focusing on the PropShare Platina scheme, is set to debut on BSE. The fully subscribed IPO targets a Bangalore office
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