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Is it a good time to buy zomato?
As recently jefferies downgraded zomato to hold from buy as quick commerce competition is high even though zomato doubled it's value in 2024. Jefferies call it a breather year for zomato that the price will be consolidated. What's your view on this? In contrast Morgan Stanley remains confident in zomato's track of profitability and growth. I think zomato will do good this year too. Comment your thoughts. Thanks in advance.1
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