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Morgan Stanley Maintains 'Overweight' on Zomato, Sets ₹427 Price Target

Stock Investment Ideas

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Published on 18th November 2025, 2:19 AM

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Author

Aditi Singh | Whalesbook News Team

Overview

Morgan Stanley reiterates its 'overweight' rating on Zomato, the food delivery and quick commerce company, setting a price target of ₹427. This suggests a potential 38% upside from recent closing levels. The brokerage advises accumulating the stock during its current weakness, viewing it as offering the best risk-reward.