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.
Any relief rally in markets likely limited and temporary: David Roche
Global markets are reacting prematurely to geopolitical shifts, according to macro strategist David Roche. He argues that recent oil and equity market moves reflect speculation
May 25, 2026