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

Quick commerce companies in India are expected to report higher losses in Q4 due to increased competition, higher costs, and expanded dark stores, with profitability remaining uncertain for the next ...

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 ...

The downgrade for both companies, according to BofA Securities, was mainly due to expectations of widening losses in quick ...

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

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

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

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

(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 ...

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

Zomato shares have fallen nearly 29 percent in 2025 so far, while Swiggy shares steeply fell around 40 percent during the ...