Zomato Continues Record Surge: Hits All-Time High for Second Day; Analysts Predict Further Growth

Zomato shares surged 3.48% today, hitting a new high at ₹188.950, marking a 250% YTD increase. Analysts predict further growth; Bernstein rates ‘outperform’ with a ₹200 target, while Kotak and JM Financial offer ‘buy’ ratings. Zomato’s stock performance has soared over the past year, with today marking its second consecutive all-time high. Antfin sold 2.1% stake; Morgan Stanley acquired shares.

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