– India’s Largest Regional Retail Option Traders Summit (BOTS) is organized by Traders Gurukul on the 2nd or 3rd Sunday of every month in top cities in India
– Zomato’s shares soared by 19% after reporting a multifold rise in net profit and revenue in Q1FY25
– Brokerages are bullish on Zomato and have raised target prices on the stock
– Zomato’s Ebitda came in at Rs 177 crore in Q1FY25, compared to an Ebitda loss of Rs 48 crore in the same quarter last year
– Axis Securities initiated coverage on Zomato with a ‘buy’ rating and a target price of Rs 280
– Zomato’s food delivery gross order value (GOC) growth and Blinkit’s growth path are showing positive results
– Zomato intends to build a one-stop destination app called District and sees this as its third-largest B2C business
– Zomato stock has risen by 105% so far this year, outperforming the benchmark Nifty 50 which rose by 14%