Shares of Swiggy Ltd and Zomato Ltd have tumbled up to 46 per cent from their 52-week highs amid concerns over margin contraction in quick commerce segment due to rapid store expansion ...
Zomato and Swiggy are under the spotlight after Bank of America Securities slashed their target prices. Swiggy was downgraded from “Buy” to “Underperform,” with a revised target of ₹325, ...
BofA downgrades Zomato and Swiggy: Following the report, the share price of Zomato fell 3% in Wednesday’s trade to Rs 203.20. The quick commerce shares may be the toast of the town but BofA ...
The current quarter is likely to be another tough one for food delivery majors such as Swiggy and Zomato. During the January-March period (Q4), losses resulting from the quick commerce business ...
For Swiggy, the brokerage issued a double downgrade from 'Buy' to 'Underperform' and lowered its target price to Rs 325 from Rs 420, indicating a potential downside of nearly 4 per cent. Quick ...
International brokerage Macquarie has maintained a cautious outlook on Zomato and Swiggy, favouring restaurant stocks like Devyani International and Westlife Foodworld. Rising discretionary ...
Stocks to buy during IPL 2025: Sumeet Bagadia recommends five shares for Indian Premier League — Zomato, Swiggy, Lemon Tree Hotels, Indian Hotels Company, and BLS International Swiggy’s stock ...
NEW DELHI, March 6 (Reuters) - Indian consumer products distributors have filed an antitrust case against big fast-delivery businesses of Zomato, Swiggy and Zepto, calling for an investigation ...
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