Zomato recently raised ₹8,500 crore in funding through a qualified institutional placement (QIP) for scaling up its quick commerce business infrastructure and towards marketing. The overall surge in valuations and visibility prompted its rival Swiggy too to get listed in November.
Motilal Oswal initiates coverage on Adani Enterprises with Buy, sees 25% upside. Here’s why
Motilal Oswal has initiated coverage on Adani Enterprises with a Buy rating and a target price of Rs 3,880, implying 25% upside from the prevailing