Kotak Institutional Equities has maintained a ‘buy’ rating on Zomato with a target price of Rs 305, expecting a 22.3% upside. The brokerage forecasts a 19% YoY growth in Zomato’s food delivery GMV and a 114% growth in Blinkit GMV. While Blinkit’s expansion may lead to widening EBITDA losses, its strong unit economics continue to support long-term growth potential.
Barflex Polyfilms IPO: Check price band, GMP and other details
Barflex Polyfilms’ Rs 39 crore IPO has opened for public subscription. The IPO comprises a fresh equity sale of Rs 12 crore and an offer