Stock of the day | Buy Paytm
SL 568 Tgt 582, 590, 598
sold its entertainment ticketing biz to Zomato
Deal at attractive valuations Appx 7 times of revenue
Buy Zomato
SL 255 Tgt 264, 268, 272
Paytm ticketing biz is a good acquisition for Zomato
Will lead to stronger presence in “go out” space
Proven track record of turning around into profit like Blinkit and Uber Eats
Jefferies raised tgt from 275 to 335
#zomato #paytm #marketstrategy #stockmarketnews #nifty50 #banknifty #tradingstrategy #AnilSinghvi #Stockoftheday #ZeeBusiness #StocksTips #Traders #Investors
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Zomato & Paytm: Anil Singhvi Reveals Buy Recommendations!
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