Zomato shares advance 7% as CLSA adds stock to ‘high conviction overweight’, raises target price to Rs 400

Zomato share price: CLSA has reiterated its bullish stance on Zomato, adding the stock to its “High Conviction Overweight” list and raising the target price to Rs 400 from Rs 370, indicating a 64% upside potential. The brokerage sees the recent stock correction as an attractive buying opportunity and expresses strong confidence in the growth prospects of Zomato’s quick commerce segment over the next three years.

More To Explore

5 world market themes for the week ahead

An important week is upcoming with central banks like the Federal Reserve and European Central Bank making policy decisions. Major companies, including Alphabet, Amazon, and

October 24, 2026

Advertiser Disclosure

Great-investor.com helps users across the globe to find out The latest news, Guides, and Info about finance and investments. Furthermore, our content and research teams do not participate in any advertising planning nor are they permitted access to advertising campaign data.

Disclaimer

It is our organization’s primary mission to provide reviews, commentary, and analysis that are unbiased and objective. While great-investor.com has some data verified by industry participants, it can vary from time to time. Operating as an online business, this site may be compensated through third party advertisers. Our receipt of such compensation shall not be construed as an endorsement or recommendation by great-investor.com, nor shall it bias our reviews, analysis, and opinions. Please see our General Disclaimers for more information.

The information on this website does not constitute investment advice or a recommendation or a solicitation to engage in any investment activity. This website and its content are not intended for residents of the UAE, US, Canada, Australia, UK, Russia, North Korea, China, Japan, Hong Kong, Singapore and Iran.

Top10 International FZ LLE | 17th Floor, Creative Tower | 4422 | Fujairah | TRN: 100608946800003