According to Motilal Oswal, ONDC is only a danger to Zomato if it scales up significantly | Business Outreach

According to Motilal Oswal, ONDC is only a danger to Zomato if it scales up significantly.

While BofA Securities has adopted a more circumspect “Neutral” stance, setting a price target of INR72 ($0.96).

The brokerage company claimed that it did not see direct ordering as being a significant industry risk.

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BofA Securities has set a price objective of Rs 72 while maintaining a ‘Neutral’ view on Zomato.

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