What may put a stop to Zomato stock going up? Chakri Lokapriya answers

economictimes.indiatimes.com:

Chakri Lokapriya, CIO & MD, TCG AMC, says, “Swiggy is now focussing more on volumes given that the festive season is coming which means Zomato will also be forced to do so. Given that the stock has already run up now and given that its focus will have to shift again from profitability towards growth will kind of put a break to the stock.”

Let us begin by discussing Bajaj Finance.
Given the fact that Bajaj Finance is going to do a QIP, it will position itself well to maintain sufficient liquidity and maintain its margins in the upcoming festive season. So far, consumer demand has been weak across the board, except auto is a different ballgame. For the market, Bajaj Finance valuations will look more attractive. So, in spite of its high valuation, given its leadership position, Bajaj finance will do well as a stock.

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Since, we are talking about the World Cup and there are interesting perspectives coming in that online food aggregators like Zomato, Swiggy are going to benefit big. Do you think that this is the time for them to cash in on the World Cup fever?
Both food aggregators and QSRs will benefit but we need to note that in the case of Zomato, the competition is again going up as the focus seems to be shifting. Swiggy is now focussing more on volumes given that the festive season is coming which means Zomato will also be forced to do so. Given that the stock has already run up now and given that its focus will have to shift again from profitability towards growth will kind of put a break to the stock.

What is your view on