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Zomato (Eternal) is on fire post Q1 earnings — up 17% in two days! And now, Swiggy is following suit, gaining over 7.5% as optimism spreads across the food delivery space. Market Expert Arpit ...
Eternal, the parent of Zomato, began as a food delivery startup under founder Deepinder Goyal in 2008. Over the years, it has evolved into a broader consumer tech platform spanning quick commerce ...
Nirmal Bang initiated coverage of Swiggy with a 'Buy' rating and a target price of ₹500, indicating a 26% upside. The report emphasizes strong growth in India's food delivery market, with Swiggy ...
Zomato's parent company, Eternal, plans to incorporate a new subsidiary named Blinkit Foods to engage in the business of providing food services.
Shares of Swiggy and Info Edge (India) Ltd rose up to 5 percent in Tuesday’s trade, tracking strong gains in Zomato parent Eternal Ltd, which jumped nearly 20 percent in the last two sessions ...
Eternal’s Q1 performance is likely to be driven by robust growth in Blinkit and steady traction in food delivery, despite some margin pressures.
Zomato's Deepinder Goyal dismissed rumours of a private jet purchase after a report claimed that a startup backed by him had bought an aircraft.
Swiggy shares surge nearly 8% as Eternal’s Q1 results fuel quick commerce rally Swiggy stock gains momentum after rival Eternal’s strong Q1 performance boosts investor sentiment in India’s food ...
Bengaluru-based Swiggy had a cash balance of Rs 6,695 crore as of Q4FY25 which compares with Rs 18,857 crore for Gurugram-based Zomato in Q1FY26, regulatory filings showed.
Zomato drops the sass and the snacks to chase purpose-driven clout in new ad film Featuring Shah Rukh Khan, AR Rahman, Mary Kom, and Jasprit Bumrah, the new ad film “Fuel your hustle ...