Zepto CEO Aadit Palicha envisions quick commerce as a massive job creator, surpassing even Indian Railways. He refutes claims of harming local stores, citing data that shows quick commerce is expanding the market alongside a growing economy. Palicha emphasizes Zepto’s focus on profitability and disciplined capital allocation, aiming for an IPO potentially next year.
Positive Breakout: These 7 stocks cross above their 200 DMAs
In the NSE Midcap pack, seven stocks’ close prices crossed above their 200 DMA (Daily Moving Averages) on June 6, according to stockedge.com’s technical scan