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Zomato Gets Target Price Upgrade From ICICI Securities As It Sees Long-Term Thesis To Remain Intact
The biggest risk for Zomato would be execution risk, given the high benchmarks set by the company in the past, says the brokerage.
10 Jan 2025, 12:34 PM IST 
Zomato's long-term investment outlook for the stock remains intact and the recent correction in stock price provides an opportunity to own the market leader in the Indian hyper-local e-commerce space.
(Photographer: Vijay Sartape/NDTV Profit)
In the brokerage's view, the long-term investment outlook for the stock remains intact and the recent correction in stock price provides an opportunity to own the market leader in the Indian hyper-local e-commerce space.
