Global brokerage firm BofA Securities has downgraded ratings for Zomato and Swiggy, citing concerns over their future growth ...
Today's drop in Zomato and Swiggy's share price comes after a media report suggested that brokerage firm BofA Securities ...
Zomato and Swiggy stocks are under pressure following downgrades from BofA, which cited increased competition and lower earnings forecasts. Zomato's target price was reduced to ₹250, while Swiggy's ...