Zomato’s stock has dropped 30% from its peak in early 2025, leading to concerns about its growth trajectory. The company reported a significant loss in Blinkit due to heightened competition and substantial investments. Nevertheless, Zomato is committed to expanding Blinkit, Hyperpure, and quick restaurant delivery services, despite mixed analyst opinions on its future prospects.
Avoid euphoric valuations, keep cash for better entry points: Pankaj Tibrewal
Pankaj Tibrewal of IKIGAI Asset Managers finds current valuations too high for new investments. Defence sector valuations are especially prohibitive. Cement sector, particularly in South
May 16, 2025