{"id":826111,"date":"2024-06-26T09:37:28","date_gmt":"2024-06-26T04:07:28","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=826111"},"modified":"2024-06-26T10:06:27","modified_gmt":"2024-06-26T04:36:27","slug":"clsa-thinks-zomato-is-growing-faster-than-swiggy-sees-25-upside","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/06\/26\/clsa-thinks-zomato-is-growing-faster-than-swiggy-sees-25-upside\/","title":{"rendered":"CLSA thinks Zomato is growing faster than Swiggy, sees 25% upside"},"content":{"rendered":"<p>CLSA on Zomato: CLSA, an international brokerage firm, projects that Zomato, a food delivery giant, will outpace Swiggy in growth across several metrics. As a result, CLSA analysts have set a target price of Rs 248, reflecting a potential increase of 24.7 per cent. <\/p>\n<p>\u201cOur target price is based on a 50\/50 blend between discounted cash flow (DCF) and relative price to earnings (PE) valuations, reflecting Zomato\u2019s long-term growth and short-term momentum. For the PE portion, we value Zomato&#8217;s food delivery business using a 41x target multiple applied to March 2026CL earnings per share (EPS).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>CLSA on Zomato: CLSA, an international brokerage firm, projects that Zomato, a food delivery giant, will outpace Swiggy in growth across several metrics. As a result, CLSA analysts have set a target price of Rs 248, reflecting a potential increase of 24.7 per cent. \u201cOur target price is based on a 50\/50 blend between discounted cash flow (DCF) and relative price to earnings (PE) valuations, reflecting Zomato\u2019s long-term growth and short-term momentum. For the PE portion, we value Zomato&#8217;s food delivery business using a 41x target multiple applied to March 2026CL earnings per share (EPS).<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[9,34,4],"tags":[],"class_list":["post-826111","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-it-2-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/826111","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=826111"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/826111\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=826111"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=826111"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=826111"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}