Today's drop in Zomato and Swiggy's share price comes after a media report suggested that brokerage firm BofA Securities ...
ICICI Securities said its channel checks indicated waning competitive intensity in quick-commerce customer acquisition spends ...
BofA downgrades Zomato and Swiggy citing rising losses; explore why target prices are slashed and competition intensifies.
Zomato and Swiggy are under the spotlight after Bank of America Securities slashed their target prices. Swiggy was downgraded from “Buy” to “Underperform,” with a revised target of ₹325, while ...
Zomato shares have fallen nearly 29 percent in 2025 so far, while Swiggy shares steeply fell around 40 percent during the ...
The downgrade for both companies, according to BofA Securities, was mainly due to expectations of widening losses in quick ...
Zomato, back in November 2021, had paid $100 million to acquire a 6.4% stake in Cult.fit in November 2021, valuing it at ...
Zomato Share Price LIVE, Swiggy Stocks Today Live News Updates: Shares of Zomato are in focus today. Quick commerce platforms ...
BofA Securities downgraded Zomato and Swiggy, citing quick commerce losses and rising competition. Stocks fell up to 3%, with ...
Shares of Zomato and Swiggy were sharply lower amid buzz of quick commerce rival Zepto's $250 million secondary sale ahead of ...
The entry of the two stocks are seen pushing Nifty's estimated FY26 EPS lower to Rs 1,171 from Rs 1,186, resulting in a rise ...
Zomato and Swiggy shares drop after BofA downgrade, while analysts predict challenges ahead in quick commerce sector.