India’s quick-commerce and food delivery sector is undergoing a transformation, with two major aggregators like Swiggy and ...

Celebrating ramzan in Chennai? Break your fast with delicious and healthy meal boxes as we have discovered various spots in Chennai that go the extra mile to deliver Iftar special boxes. These 8 spots ...

Shares of Zomato and Swiggy fell following BofA Securities’ downgrades, which also reduced their price targets. BofA Securities downgraded both companies, citing concerns over their future growth ...

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 ...

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, ...

BofA downgrades Zomato and Swiggy: Following the report, the share price of Zomato fell 3% in Wednesday’s trade to Rs 203.20. The quick commerce shares may be the toast of the town but BofA ...

Bank of America (BofA) has downgraded its ratings on Zomato and Swiggy, citing concerns over slowing growth in food delivery and rising competition in quick commerce. The brokerage has lowered ...

Zomato, Swiggy stock price: Today's drop in Zomato and Swiggy's share price comes after a media report suggested that brokerage firm BofA Securities downgraded them. Listen to Story Swiggy and Zomato ...

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 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 ...

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 ... platforms ...

BofA has downgraded Zomato to 'neutral' from 'buy' and Swiggy to ‘underperform’ from ‘buy’. The target price of Zomato has been lowered to Rs 250 from Rs 300 while Swiggy saw the sharper price cut ...