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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 ...

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 ...

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 ...

With Assure, Swiggy wants to revolutionise the “procurement process for HoReCa customers” — at least that’s what the Assure ...

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.

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 ...

Although growth in food delivery for Eternal (Zomato) and Swiggy is predicted to slow down, substantial growth in quick commerce (QC) is expected to be driven by aggressive expansion of dark stores.

The shares of online food delivery platforms Zomato and Swiggy recorded strong losses of 6 percent and 5 percent respectively on March 25, after international brokerage Macquarie said it ...

BofA Securities has downgraded ratings for Zomato and Swiggy, citing concerns over their future growth prospects and the increasing competitive pressure in the food delivery industry The brokerage ...

Zomato was downgraded to neutral from buy and Swiggy to underperform from buy as the two companies are expected to lag BofA’s adjusted EBITDA consensus. Investment ratings are given by stock ...