Zomato and Swiggy stocks are under pressure following downgrades from BofA, which cited increased competition and lower ...
According to a report by CNBC TV18, Macquarie, the Australian multinational rating and finance agency, had earlier warned ...
The food and quick commerce market has boomed in the recent past, thanks to these companies. Macquire On Zomato and Swiggy ...
BofA Securities significantly downgraded the stock ratings of Zomato Ltd. and Swiggy Ltd., the two biggest meal delivery companies in India, on March 26, 2025. The brokerage’s decision has increased ...
The Bengaluru-based company introduced Assure on the Google Play Store on September 17 last year, with its last update in ...
The stock price of Eternal formerly known as Zomato fell 2.6 per cent, while Swiggy declined 1.5 per cent following the brokerage, Bofa's rating reductions on the food delivery and quick commerce ...
According to the app description, Assure claims to offer "locally sourced, high-quality, and fresh ingredients" and says it ...
Bank of America (BofA) has downgraded its ratings on Zomato and Swiggy, citing concerns over slowing growth in food delivery ...
Today’s drop in Zomato and Swiggy’s share price comes after a media report suggested that brokerage firm BofA Securities downgraded them.
Shares of Zomato and Swiggy have dropped significantly amid a broader market correction, with Zomato trading 32.6% below its ...
In this episode of Two Sharp with ET, Nisha Poddar breaks down India’s $23 billion tariff concession offer to the United States — a high-stakes move by the Modi government aimed at averting a ...
In one of the most competitive markets, food delivery service providers Zomato and Swiggy saw their shares dip after the ...