BofA Securities significantly downgraded the stock ratings of Zomato Ltd. and Swiggy Ltd., the two biggest meal delivery companies in India, on March 26, 2025. The brokerage’s decision has increased ...

S hares of Zomato have slumped nearly 30 percent from the record highs touched on December 5, 2024, (at ₹304.5). The overall ...

Bank of America (BofA) has downgraded its ratings on Zomato and Swiggy, citing concerns over slowing growth in food delivery ...

BofA has downgraded Zomato to 'neutral' from 'buy' and Swiggy to ‘underperform’ from ‘buy’. The target price of Zomato has ...

BofA Securities downgraded Zomato and Swiggy, citing quick commerce losses and rising competition. Stocks fell up to 3%, with ...

BofA downgrades Zomato and Swiggy citing rising losses; explore why target prices are slashed and competition intensifies.

Shares of Zomato and Swiggy were sharply lower amid buzz of quick commerce rival Zepto's $250 million secondary sale ahead of ...

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 ...

ICICI Securities said its channel checks indicated waning competitive intensity in quick-commerce customer acquisition spends ...

(MENAFN- IANS) Mumbai, March 26 (IANS) Bank of America (BofA) has downgraded its ratings on Zomato and Swiggy, citing concerns over slowing growth in food delivery and rising competition in quick ...