Quote on Zomato - Blinkit deal By Dr. VK Vijayakumar, Geojit Financial Services
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Below is quote on Zomato - Blinkit deal By Dr. VK Vijayakumar, Chief Investment Strategist at Geojit Financial Services
"This is a segment where profitability is a few years away. Some of them might do well in the long run. But retail investors, instead of chasing hope, will be better off chasing solid stocks with strong fundamentals now. Leading banks will report very good Q1 FY 23 results next month. That's a bird in hand; e-commerce companies are birds in bushes"
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