07/10/2022 Research Report For ZomatoDisclaimer:
I am not SEBI registered person and this is not an investment advice and also please note this is only for education purpose. Also note we can use this research in my own portfolios. So don't influence yourself by this research. Please note before investing according to this educational research, please do own research and also do take advice from your financial adviser. Your any profits and loss are totally your liability. No one is liable for that. Also, please note we will not never compensate your any loss. So before investing any single rupee, please do your own research according to your risk taking capacity and after that do invest and book profits on right time.
Buy @ C.M.P (Current Market Price)
Target 1:- 80
This Pevious Research Report Will Also Be Real:-
Fooddelivery
13/11/2021 Research For ZOMATODisclaimer:
I am not SEBI registered person and this is not an investment advice and also please note this is only for education purpose. Also note I have already bought IRCTC shares for my own portfolio and also we can use this research again for my own portfolios. So don't influence yourself by this research. Please note before investing according to this educational research, please do your own research and also do take advice from your financial adviser before invest any single rupee. Your any profits and loss are totally your liability. No one is liable for that. Also, please note we will not never compensate your any loss. So before investing any single rupee, please do your own research according to your risk taking capacity and after that do invest and book profits on right time.
Buy at C.M.P (Current Market Price) but try to buy at below 150
Target 1:- 170
Target 2:- 175
Target 3:- 196
Target 4:- 202
A Zomato Analysis.Hello there!
what an upward trend it is to see.
Resistance at 147 levels, Support at 135 levels.
But!
Is it overpriced for the kind of industry it is in? well, a company that has burnt nearly $2 Billion to get to a stage where it is today, and still is in requirement of cash to survive/grow in the future, May be, Yes!
I agree market's optimistic about the future.
However, here are some problems that I think will have an impact on the growth of the company.
No Company ( From DoorDash to Zomato ) in this industry has figured a way out to be profitable till date.
Threat of New Entrants like Amazon Food.
The growth seems in hands, when I think the following situation favors Zomato.
1) Rise in the Per capita GDP of INDIA. (More the discretionary income, More are the chances that an Individual orders Online)
2) Digitalization - India's Internet penetration rate stood at around 50 percent in 2020, it meant that nearly half of the population of 1.37
billion people had access to internet. (Not even comparing with China now.)
3) Eating Habits - A pre-disposition on the part of the populace, to eat out. (you know, "Ghar ka khana")
The size of the food delivery market in future years will be determined by how robustly the Indian economy will grow in the next few years, how quickly digitization continues its advance in the country and if and whether we become more open to eating out than we have historically.