Why Are Brokerage Firms Raising Price Targets For Zomato? Vinit Bolinjkar's Take

In this video, Vinit Bolinjkar shares his insights on why brokerage firms are raising price targets for Zomato. He highlights the company's plan to open 1,000 new stores and says rapid expansion could help Zomato in attracting value buyers. While he believes the stock is currently in a zone with limited value, Vinit Bolinjkar advises investors not to exit, as it may become challenging to re-enter at this price level. However, he also cautions against making fresh investments in the stock. Watch the full video to get Vinit Bolinjkar's expert take on Zomato!