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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.
Zomato and Swiggy shares surged up to 10% after Finance Minister Nirmala Sitharaman announced an income tax exemption for ...
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This is because Zomato had invested heavily into its quick commerce arm Blinkit for expansion purposes as competitors like Zepto, Swiggy's Instamart, Tata's BigBasket, and Flipkart's Minutes pose ...
Shares of Zomato fell 11% after reporting a 57.2% drop in net profit for the December quarter. This affected Swiggy's shares, which also dropped. Zomato's revenue rose to Rs 5,405 crore, but net ...
Shares of Swiggy dropped 10 percent to trade at Rs 431, as seen at 11.05 am on January 21. This comes after its rival Zomato posted lower-than-expected Q3 results, dampening spirits for the food ...
The share price of Zomato and Swiggy saw close to 10% decline on the Indian stock markets on Tuesday due to the former's disappointing third-quarter results. Zomato’s stock began to fall right ...
Masterstroke by Zomato as company joins the 15-Minute delivery service, poses big challenge to Swiggy Bolt and ... Masterstroke by Aadit Palicha, Zepto receives Singapore's approval, big challenge ...
The development adds to the ongoing discourse around ethical pricing practices. Zomato's CEO, Deepinder Goyal, has issued a public apology for the extra fee that is being charged on vegetarian ...
JM Financial said it prefers Zomato over Swiggy amongst the two listed hyperlocal delivery players, post the recent correction in both stocks. It suggested a 'Buy' on Swiggy with a target price of ...
The post has accumulated more than 4,000 views. Bengaluru-based YouTuber Ishan Sharma recently shared his experience with Zomato on X, after receiving a chai (tea) without jaggery. But what ...
Global brokerage JP Morgan believes that both Swiggy and Zomato are available at attractive prices for taking positions in them. Similarly, Zomato also trimmed its day's early gains of up to 7.27 per ...
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