ZOMATO Short term buy opportunity

The company’s net loss in Q1FY22 widened to Rs 356.2 crore from Rs 99.8 crore, YoY. Net loss in the quarter ended March 2021 was Rs 130.8 crore. Revenue jumped to Rs 844.4 crore from Rs 266 crore, YoY. Jefferies has updated the the target to ₹175. Theres can be short term buying opportunity with a target price of ₹150/155/160

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