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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 ...
Zomato Vs Swiggy: Check out the stock performance, and other key details of this two tech-driven food delivery giants Competition in the food delivery business is gaining traction. With both ...
BofA Securities cut its rating on Zomato from 'Buy' to 'Neutral' and slashed its target price to Rs 250 from Rs 300, implying a 19 per cent upside from the last closing price. For Swiggy, the ...
Stock market today: Shares of India's two leading food delivery aggregators—Zomato and Swiggy—have faced heavy selling pressure in recent trading sessions as global brokerages turned cautious ...
Although growth in food delivery for Eternal (Zomato) and Swiggy is predicted to slow down, substantial growth in quick commerce (QC) is expected to be driven by aggressive expansion of dark stores.
The shares of online food delivery platforms Zomato and Swiggy recorded strong losses of 6 percent and 5 percent respectively on March 25, after international brokerage Macquarie said it ...
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, along with Zepto, are currently part of one of the most ever-evolving and intensely competitive markets. The food and quick commerce market has boomed in the recent past ...
After a massive selloff in the shares of food delivery giants Zomato and Swiggy, analysts believe the time may be right for investors to start adding these stocks to their portfolio carts.
This will make Swiggy a direct competitor to Zomato’s Hyperpure in the restaurant supply space. With Assure, Swiggy is now entering the restaurant supply space aggressively, using its logistics ...