Prashanth Tapse told Business Today that if investors want to take a call, 60-70 per cent can be a weightage given to Zomato and 30-40 per cent weightage to Swiggy at this point.

However, the brokerage also pointed out potential challenges, such as rising competition from Zomato in food delivery and Blinkit in quick commerce, along with regulatory uncertainties.

Shares of food delivery platforms Swiggy and Zomato rose up to 7% on February 1 as Finance Minister Nirmala Sitharaman announced plans to cut personal income tax rates to boost middle-class ...

Zomato's shares surged over 7%, hitting the day's high of Rs 237.5, while Swiggy's stock price dropped by 4.65%, closing at ...

This comes as the stock sees heavy volumes, trading at a 200-day average. Swiggy and Zomato stocks meanwhile extended gains as consumption sector continues to remain in green after Union Budget ...

Bengaluru: Folks in India's small towns are increasingly ordering in and dining out, mimicking their counterparts in metros and other large cities, where delivery giants such as Zomato and Swiggy ...

This move targets gig workers from platforms like Swiggy and Zomato, aiming to formalize their employment through mandatory registration on the e-Shram portal. The comprehensive social security ...

According to Swiggy CFO Rahul Bothra, key factors like the maturity of the business model, a good corporate governance framework, and a strong independent Board are crucial before going public.

Ripple effect? Swiggy shares tumbled 11% today; here's what analysts have to say Why Zomato shares are down 17% from Dec high; should you prefer Swiggy? Swiggy shares jump 6% as Bernstein ...

Who are peers of Zomato Ltd? The peers of Zomato Ltd are Info Edge (India) Ltd, Swiggy Ltd, FSN E-Commerce Ventures Ltd, One 97 Communications Ltd, TBO Tek Ltd, Indiamart Intermesh Ltd ...

Zomato and Swiggy shares surged up to 10% after Finance Minister Nirmala Sitharaman announced an income tax exemption for individuals earning up to ₹12 lakh. Analysts expect this move to boost ...

The recent controversy surrounding Swiggy's and Zomato's 10-min food delivery services has ignited a debate about the future of India's food delivery ecosystem. As consumers, we find ourselves at the ...