Web Exclusive 4 reasons why HSBC thinks Zomato is a great buy at the current levels

Zomato has lost over 9 per cent thus far in calendar year 2023 (CY23) and has underperformed the S&P BSE Sensex that has slipped nearly 5.3 per cent during this period. Despite this underperformance, analysts at HSBC think that the stock can hit Rs 87 going ahead – up over 64 per cent from the current levels.