Jefferies downgraded shares of Zomato to 'hold' last week, citing the sharp run-up in the stock through 2024 and concerns over rising competition in the quick commerce space. Swiggy a key player ...

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 ...

BofA Securities cut its rating on Zomato from 'Buy' to 'Neutral' and slashed its target price to Rs 250 from Rs 300, implying a 19 per cent upside from the last closing price. For Swiggy, the ...

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 ...

The shares of online food delivery platforms Zomato and Swiggy recorded strong losses of 6 percent and 5 percent respectively on March 25, after international brokerage Macquarie said it ...

India’s food-tech unicorns Zomato and Swiggy -- valued at $5.4 billion and $3.5 billion respectively -- have a long way to go to catch up to their food delivery counterparts across the world ...