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Zomato m-cap pips that of Tata Motors, Bajaj Auto; analysts stay bullish

Business Standard LogoBusiness Standard5h ago

Zomato m-cap pips that of Tata Motors, Bajaj Auto; analysts stay bullish - Business Standard

Quick Summary:

We also build in higher investments in the next 12 months thereby pushing out our profitability assumptions by 12 months.

By comparison, Tata Motors’ m-cap stood at Rs 2.75 trillion, while that of Bajaj Auto was Rs 2.49 trillion on the BSE.

This drives cuts to our F2026-27 adjusted Ebitda estimates, but with adjusted Ebitda margins of over 5 per cent by FY31” it said.


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Category: BusinessFinance

Markets:

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Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-19 @ 14:11:30 (5 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 716 words

Reading Time: 4 minutes read

Sentences: 15 lines

Sentence Length: 48 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 24546358

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Official Website: business-standard.com

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