Zomato share target ?
Zomato is struggling with poor earnings, posting a 57% drop in profit despite a 65% revenue growth. The company’s Blinkit expansion and rising competition from Amazon Fresh are weighing heavily on its financials. With the stock currently around ₹216, it could face further declines, possibly testing ₹210-200 in the near term. Investors should stay cautious as Zomato navigates these challenges.”