Fundamental view on Zomato`s surge in stock price from Dr. V K Vijayakumar, Geojit Financial Services
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Below the Fundamental view on Zomato`s surge in stock price from Dr. V K Vijayakumar, Geojit Financial Services
Zomato has delivered profitability earlier than promised. There is clarity on vastly improving revenue growth. This company in a duopoly business has a long runway for growth. For those investors who bought at low rates partial profit booking is fine. It makes sense to remain invested in this growth stock.
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