BofA downgrades Zomato and Swiggy citing rising losses; explore why target prices are slashed and competition intensifies.
Zomato, Jio Financial Services, PowerGrid Corporation of India and CG Power and Industrial Solutions are expected to see the ...
Global brokerage firm BofA Securities has downgraded ratings for Zomato and Swiggy, citing concerns over their future growth ...
Nifty 50 P/E ratio stands at 19.9x, based on an estimated EPS of ₹1,186 for FY26. However, post the rebalancing, the index is ...
In India's FMCG market, small and regional brands are growing faster than large companies due to downtrading and consumers' ...
Benchmark indices Sensex and Nifty ended their seven-day winning streak on Wednesday, falling nearly 1% due to profit-booking ...
Indias quick-commerce sector is growing rapidly, outpacing traditional e-commerce with its promise of less than 30-minute ...
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In the broader markets, the Nifty Midcap 100 climbed 0.51 per cent and the Nifty Smallcap 100 was higher by 0.42 per cent ...
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