A high correlation between food delivery volumes and Zomato’s revenue outlook underpins the stock price forecast, with trading analysts anticipating steady gains towards ₹180 as inflationary pressures ease. If you want to know who really controls Zomato Limited (NSE:ZOMATO), then you'll have to look at the makeup of its share registry. Considering these factors, Jefferies has sharply reduced Blinkit's EBITDA forecast for FY26-27 and halved its target multiple to 6x. Market sentiment remains bullish as trading volumes stay above the 50-day average, indicating sustained investor interest.
