Street View-Investment in Blinkit key focus for India's Zomato, analysts say
** Zomato ZOMT.NS trading 2% higher, after falling 5% in early trade
** Co reports smaller-than-expected rise in Q2 profit as margins take a hit from continued investments to grow Blinkit "dark stores"
QUICK SERVICE INVESTMENTS IN FOCUS AMID CONTINUED GROWTH RESILIENCE
** Motilal Oswal ("buy"; hikes PT to 330 rupees) says co's aggressive expansion of Blinkit stores key focus; will aid rev growth in long term
** Emkay Research ("buy"; PT: 310 rupees) cites strong broad-based growth across segments; investments will ensure co remains on strong footing in highly competitive environment
** ICICI Securities ("buy"; hikes PT to 300 rupees) says ZOMT remains top pick in the Indian internet space; continued expansion of its restaurant base promising
** Elara Capital ("buy"; PT: 320 rupees) says better execution and potential QIP inflows place co in dominant position
Reporting by Ashna Teresa Britto in Bengaluru
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