Why were ZOMATO and DIXON down? | NIFTY Levels | CA Rachana Ranade

"The management has mentioned is that they have preponed their target about number of dark stores that they want for blinket... basically by this December they plan to have 2,000 dark stores... if the number of dark stores increase what do they think will they be able to service more areas... if their number of dark stores increase will they be able to service more areas and if they are able to service more areas could they add to the Top Line once they are done with the increase in the number of dark stores absolutely... more stores is more business sales will also increase definitely yes yes yes Revenue also increases absolutely... it could help I it could hurt in the shorter term but obviously it is going to positively impact in the long term."

"Blinket... this quarter blinket went into losses... what management mentioned is that there is a possibility that it may not become profitable immediately in the near future maybe a quarter or two... immediately will it become profitable or not remains a question."

"the food delivery business also saw kind of a Slowdown... the gov that is a gross order value for the food business was just 2% quarter on quarter growth."

"to retain the key Talent... they have to ensure that their key set of employees are being retained so to retain them to you know ensure that maybe they don't join the competitors something like that even esops orbe it Price salary hikes all this is leading to rise in employee cost."

"Jeff has given a target of 255 Numa 290 Nama 300 Burstein 310 BofA 375 clsa 400 current price 214 it's down 30% from it alltime high."

"Goldman Sachs or Jeffree someone said this that we feel that company's mobile business growth is peing it might not really grow at a fast pace the that is that is their Outlook and that is the reason why they say that because mobile business forms a huge chunk almost 90% of their business and because they feel that this might not grow because it's almost peing that is the reason why we feel that it'll be like an underperform for the stock."

"they they have also I think they are also planning to do a heavy CeX for I think there was something like a screen that they they had mentioned manufacturing of something I don't remember the exact name for that uh but they they are also you know investing pretty much heavily in some sort of screens is what I remember so the capex is going to be high so could that again temporarily could that lead to some cash flow problems maybe yes."

"Gio Finance has a big opportunity of scaling their business just like this the moment they start selling the financial products beat loans Consumer loans la la la whatever through Reliance stores okay so uh Reliance Marts Reliance stores or any sort of Reliance stores right goo Finance it was easy just have a small you know uh in marati we say table taka okay in simple a small counter is what you can say and they can start selling loans they can start offering loans okay uh that was a big threat for baj finance but what baj Finance has done is a very smart move they have partnered with bhel and now baj Finance products be personal loan be it Consumer loans some other type of loans as well Now they are going to sell these through the AEL thanks app not only that they mentioned that currently we'll start with AEL thanks app and after that we will also uh sell these products see these type of loans through the AEL physical stores also."

"23,200 broken uh now we have an important support coming up at 22,800... 23,200 22,800 then again 22,000 20 uh one more time 23,000 200 22,800 22,300 21,800 all these four levels are 1th and fifth one is emergency just in case Market goes below that also ideally it should not but just in case if it does then last oneth should be there with me okay so 21800 is what I see as the lowest possible Point as far as whatever we know as of now right."