Shares of food delivery giants Zomato and Swiggy tumbled in early trade on Wednesday, continuing their poor run this year.
Zomato and Swiggy stocks are under pressure following downgrades from BofA, which cited increased competition and lower ...
From Eli Lilly CEO David Ricks' exclusive interview to BofA Securities downgrading Zomato, Swiggy — Here are the top 11 news ...
The downgrade for both companies, according to BofA Securities, was mainly due to expectations of widening losses in quick ...
BofA Securities downgraded Zomato and Swiggy, citing quick commerce losses and rising competition. Stocks fell up to 3%, with ...
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 ...
Stock market downturns test patience, but they also create opportunities. Here are five value stocks worth watching in this ...
BofA has downgraded Zomato to 'neutral' from 'buy' and Swiggy to ‘underperform’ from ‘buy’. The target price of Zomato has ...
Zomato is set to get $391 million or Rs 3,351 crore in fresh flows and Jio Finance about Rs 1,714 crore or $200 million in ...
Zomato and Swiggy shares drop after BofA downgrade, while analysts predict challenges ahead in quick commerce sector.
Zomato shares have fallen nearly 29 percent in 2025 so far, while Swiggy shares steeply fell around 40 percent during the ...
Zomato shares dropped 5% to Rs 199.90 on the BSE after BofA Securities downgraded the stock to "neutral" and cut its price ...