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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 companies have to roll out more discounts and Amazon is yet to launch, which will disrupt the profitability further.

These include persons engaged with online platforms like Uber, Ola, Swiggy, and Zomato, among others.

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 ...

Rapido is planning to challenge Zomato and Swiggy in the food delivery market by adding delivery services on its platform, aiming to disrupt current commission structures. Senior executives are ...

Swiggy share price has the potential to more than double, while Zomato share price can jump nearly 40% from current levels, according to ICICI Securities’ latest report on these quick commerce ...

The shares of food delivery majors Zomato and Swiggy plunged on March 26 after Bank of America (BofA) Securities downgraded the two stocks. Zomato shares tumbled nearly 3 percent to trade at Rs ...

Consumer products distributors have filed an antitrust case against big fast-delivery businesses of Zomato, Swiggy and Zepto ... An antitrust investigation last year found Amazon and Walmart's ...