The shares of food delivery majors Zomato and Swiggy plunged on March 26 after Bank of America (BofA) Securities downgraded the two stocks. Zomato shares tumbled nearly 3 percent to trade at Rs ...
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 ...
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 ...
A woman has claimed that a Zomato delivery agent tried to extract extra money from her following an hour-long delay in delivering an order. The order was "supposed to arrive in 30 minutes," the ...
The user criticised the company's approach, arguing that Zomato treats workers as "disposable" A viral Reddit post has sent shockwaves across social media, with a former Zomato employee alleging ...
Zomato share price rallied over 2%, while Jio Financial Services share price also gained nearly 2% ahead of their inclusion in the benchmark Nifty 50 index, which is expected to lead to ...
The development comes days after BofA Securities downgraded Zomato amid concerns over slower than expected growth in the food delivery space and the increasing competitive pressure in the quick ...
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Zomato shares dropped 5% to Rs 199.90 on the BSE after BofA Securities downgraded the stock to "neutral" and cut its price ...
On the other hand, stocks like Zomato, Larsen & Toubro, ICICI Bank, Reliance and Power Grid were in the green. Zomato was the top gainer on the BSE, up 0.84 per cent while writing the report.
Food and grocery delivery platform Zomato Ltd. emerged as the most preferred food delivery application in a survey conducted by the research arm of BofA Global Securities. Out of over 1,000 users ...
IndusInd Bank, Zomato, Reliance Industries and Tata Steel were among the laggards. Foreign Institutional Investors (FIIs) bought equities worth Rs 3,055.76 crore on Monday, according to exchange data.
From the Sensex pack, Bajaj Finserv, IndusInd Bank, NTPC, Larsen & Toubro, UltraTech Cement, Adani Ports, Bajaj Finance, Power Grid, Zomato, State Bank of India, HDFC Bank and Titan were the ...
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