The findings come after both Swiggy and Zomato had a tough Q3. While the Bengaluru-based company saw its losses widen 39 ...

Swiggy's Hyperpure rival Assure is a multi-pronged revenue push that banks on the Swiggy’s logistics knowhow and expertise ...

Global brokerage firm BofA Securities has downgraded ratings for Zomato and Swiggy, citing concerns over their future growth ...

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 ...

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 ...

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 ...

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, ...

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.

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 ...

Shares of Zomato and Swiggy depreciated on Wednesday after brokerage firm BofA Securities downgraded the shares and slashed target prices amid slow growth in the quick commerce space. This comes ...

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 ...

BoFA Sec on Zomato: Downgrade to Neutral on Company, cut target price at Rs 250/Sh from Rs 300/Sh (Negative) BoFA Sec on Swiggy : Downgrade to Underperform on Company, cut target price at Rs 325 ...