The shares of food delivery rivals Swiggy and Zomato saw a strong surge in share prices on February 19. Swiggy shares jumped nearly 7 percent to trade at Rs 372, while those of Zomato surged ...
Gopal Srinivasan, Chairman of TVS Capital Funds, criticizes the sustainability of India's quick-commerce sector, led by Zomato and Swiggy, as reliant on private equity without long-term viability.
It cannot be transferred to a bank account. (Image/PTI) New payment methods have been operationalised on the mobile applications of Swiggy and Zomato’s Blinkit. These features were announced ...
Stock Market Today: Swiggy Ltd, Zomato Ltd share prices saw sharp decline of more than 6% as the stock market crashed. The analysts view have been divided looking at rising competition in the ...
However, even patient investors face a tough choice between Swiggy and Zomato. Swiggy Ltd’s food-delivery business saw a sequential rise in its average monthly transacting users to 14.9 million ...
The shares of food delivery and quick commerce majors Swiggy and Zomato extended losses on February 11 as they continued to reel under the effect of their weak performance in the October-December ...
The benchmark indices are trading in red with deep cuts on Monday, February 10. Staying Away From Swiggy & Zomato? This comes to pass as volatility in the Indian markets continues. Meanwhile ...
Zomato and newly-listed Swiggy are betting big on growth through quick-commerce but the spending required to ward off intense competition in the sector is spooking investors and has wiped off ...
They said there are initial signs that the execution gap is widening between Swiggy's Instamart and Zomato's Blinkit. On Monday, the scrip fell 5.77 per cent to hit a low of Rs 359. This was the ...
Swiggy and Zomato remain locked in intense competition across food delivery and quick commerce. Swiggy’s December quarter results highlight key challenges, with its net loss widening to rs 799 ...
The brokerage added that the period of hyper-competition is expected to prolong for a few more quarters and reinstated that it prefers Zomato stock over Swiggy. UBS has retained buy at a target ...
Shares of Swiggy plunged about 8% a record low on Thursday (February 6, 2025), after the company reported a wider third-quarter loss hurt by increased expansion costs to counter rivals Zomato and ...