Zomato surges 3% on Paytmβs ticketing business acquisition, brokerages predict 29% upside
Zomato’s shares surged 3% following its acquisition of Paytm’s ticketing business, marking a strategic expansion into the event and travel booking sectors. This move has sparked optimism among analysts, with brokerages setting target prices as high as Rs 335 for the stock. On Wednesday, the company’s board of directors approved a share purchase and subscription…
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