Hot stocks: Brokerage views on Zomato, IndusInd Bank, Varun Beverages and Asian Paints

Global brokerage CLSA has maintained its Outperform rating on Zomato with a target price of Rs 283.90/share. Zomato remains CLSA's top pick in the food delivery space. Zomato gains in metrics over Swiggy in FY24 and Q1FY25. The QSRs are losing market share to aggregators.