Missed Zomato share allotment? Enter at current levels for 15-20% upside, says Sneha Poddar of MOFSL

Zomato looks expensive when we compare it with the global peers on an EV/Sales basis. Globally, online food delivery players trade at an average EV/Sales of 10x while Zomato trades at 44x FY21 EV/Sales, says Poddar

from Moneycontrol Market Outlook https://ift.tt/3y54bPT