Zomato Delivers Strong Q2 Results, Beats Estimates on Revenue and Profit; Analysts Bullish on Blinkit Progress
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Zomato Q2 profit jumps 17x to Rs 36cr vs Rs 13.8cr estimate
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Revenue up 18% at Rs 2,848cr vs Rs 2,559cr estimate
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Blinkit surprises with contribution breakeven
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Analysts hike target price on profit beat, Blinkit progress
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Morgan Stanley, CLSA most bullish with 40-50% upside potential
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Nomura lone bear with 36% downside on valuation concern