Zomato and Swiggy stocks are under pressure following downgrades from BofA, which cited increased competition and lower ...
Between March 24 and 28, 20 of the 32 new-age tech companies under Inc42's purview fell in a range of 0.18% to just under 19% ...
Today's drop in Zomato and Swiggy's share price comes after a media report suggested that brokerage firm BofA Securities ...
ICICI Securities said its channel checks indicated waning competitive intensity in quick-commerce customer acquisition spends ...
Shares of Zomato and Swiggy were sharply lower amid buzz of quick commerce rival Zepto's $250 million secondary sale ahead of ...
The downgrade for both companies, according to BofA Securities, was mainly due to expectations of widening losses in quick ...
Mumbai: Bank of America (BofA) has downgraded its ratings on Zomato and Swiggy, citing concerns over slowing growth in food ...
With Swiggy’s stock down 40 percent and Zomato nearly 25 percent off its highs, investors are likely unwinding positions amid ...
BofA downgrades Zomato and Swiggy citing rising losses; explore why target prices are slashed and competition intensifies.
BofA has downgraded Zomato to 'neutral' from 'buy' and Swiggy to ‘underperform’ from ‘buy’. The target price of Zomato has ...
So far in calendar year 2025, Zomato's share price has dropped 19.62 per cent on the BSE, while Swiggy's has tumbled 33.29 ...
On stocks to buy during IPL 2025, Avinash Gorakshkar of Profitmart Securities said, “In the online food delivery segment, one ...