Others, however, swear by its great potential to break the monopoly of large players such as Amazon, Flipkart, Zomato and Swiggy ... photos.” It would be better if either the seller apps or ONDC ...

Ride-hailing platform Rapido is in advanced talks with restaurants and industry associations across four major metro cities to challenge the dominance of Swiggy and Zomato, which together command ...

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 ...

Shares of Zomato and Swiggy depreciated on Wednesday after brokerage firm BofA Securities downgraded the shares and slashed target prices amid slow growth in the quick commerce space. This comes ...

BoFA Sec on Zomato: Downgrade to Neutral on Company, cut target price at Rs 250/Sh from Rs 300/Sh (Negative) BoFA Sec on Swiggy : Downgrade to Underperform on Company, cut target price at Rs 325 ...

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 ...

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 ...

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 ...

BofA Securities has downgraded ratings for Zomato and Swiggy, citing concerns over their future growth prospects and the increasing competitive pressure in the food delivery industry The brokerage ...

Swiggy share price has the potential to more than double, while Zomato share price can jump nearly 40% from current levels, according to ICICI Securities’ latest report on these quick commerce ...