BofA Securities downgraded Zomato and Swiggy, citing quick commerce losses and rising competition. Stocks fell up to 3%, with ...
Deepinder Goyal started his entrepreneurial journey in 2008, when he co-founded FoodieBay, which became Zomato in 2010. Over ...
BofA has downgraded Zomato to 'neutral' from 'buy' and Swiggy to ‘underperform’ from ‘buy’. The target price of Zomato has ...
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 ...
With Swiggy’s stock down 40 percent and Zomato nearly 25 percent off its highs, investors are likely unwinding positions amid ...
This limited-time menu features bold, fiery flavors inspired by Korea’s signature Gochujang sauce and is available at prices ...