Zomato shares: Why HSBC feels the stock could rise 64%; time to buy?3 min read 22 Mar 2023, 12:03 PM IST
Despite Zomato's underperformance, HSBC expects the food delivery major to reclaim its market share
Shares of food delivery major Zomato rose nearly 1 per cent in Wednesday's trade after analysts at HSBC Global Research said they expect the stock to hit ₹87 going ahead, implying an upside potential of 64 per cent from the current levels.
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