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 ...

Shares of Zomato and Swiggy depreciated on Wednesday after brokerage firm BofA Securities downgraded the shares and slashed target prices amid slow growth in the quick commerce space. This comes ...

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 ...

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 ...

Consumer products distributors have filed an antitrust case against big fast-delivery businesses of Zomato, Swiggy and Zepto, calling for an investigation into alleged deep discounting practices ...

Shares of Swiggy Ltd and Zomato Ltd have tumbled up to 46 per cent from their 52-week highs amid concerns over margin contraction in quick commerce segment due to rapid store expansion ...

A business war between Bengaluru-based food delivery company Swiggy and Deepinder Goyal’s Zomato has intensified as Swiggy launched its business-to-business (B2B) platform, Assure, to compete ...

The current quarter is likely to be another tough one for food delivery majors such as Swiggy and Zomato. During the January-March period (Q4), losses resulting from the quick commerce business ...

The app was launched by Swiggy’s subsidiary Android Scootsy. Food delivery company Swiggy is taking on Zomato’s B2B platform Hyperpure for kitchen supplies to restaurants and hotels with its ...

BofA Securities has downgraded ratings for Zomato and Swiggy, citing concerns over their future growth prospects and the increasing competitive pressure in the food delivery industry The brokerage ...

This will make Swiggy a direct competitor to Zomato’s Hyperpure in the restaurant supply space. With Assure, Swiggy is now entering the restaurant supply space aggressively, using its logistics ...

Zomato and Swiggy, along with Zepto, are currently part of one of the most ever-evolving and intensely competitive markets. The food and quick commerce market has boomed in the recent past ...