et_markets2 days ago
BULLISH(90%)
hold
Aggressively buy Eternal shares now after 40% crash! Why JM Financial feels gas crisis impact on Zomato is overstated
Read original source+52.5
Market Impact Score
-100 Bearish+100 Bullish
AI Analysis
While the broader market, especially the auto sector, is reacting negatively to LNG supply risks and gas crisis concerns, JM Financial's analysis suggests these concerns are less impactful for Zomato's business model.
Trading Insight
Long Zomato, with a focus on fundamental growth drivers and potential margin expansion, despite sector-wide energy cost anxieties.
Quick check: ZOMATO neutral, MARUTI bearish bias (oversold).
Key Evidence
- •Eternal (Zomato) shares have corrected sharply by 40%.
- •JM Financial maintains a bullish stance on Zomato.
- •Brokerage believes concerns around LPG crisis and competition are overstated.
- •JM Financial expects steady growth in Zomato and Blinkit businesses.
- •Potential upside is driven by improving margins and long-term demand trends.
Affected Stocks
ZOMATOZomato Ltd
Positive
JM Financial maintains a bullish stance, seeing the recent crash as an opportunity and believing gas crisis impact is overstated, expecting steady growth and improving margins.
AI-powered analysis by
Anadi Algo News