Shares of Zomato fell by 4.8% following Jefferies' downgrade of the stock from 'buy' to 'hold' and a 18% cut in the target ...
Jefferies believes aggressive moves by incumbents and entry of new players in the QC space can result in higher discounting ...
Global brokerage firm Jefferies has downgraded Zomato's shares to 'hold' as it revised the target lower, citing increasing competition as a threat to the online food aggregator’s profitability.
Anand Rathi believes multiple players can co-exist in the quick commerce space. It initiated coverage on Zomato and Swiggy ...
After Zomato’s shares more than doubled in value in 2024, analysts at Jefferies predict that 2025 could be a breather year, with the stock likely shifting gears into a phase of price consolidation.
Swiggy reported that its top food orders were pizza, biryani, and dosa, as reported by Swiggy. Meanwhile, Zomato users ...
Anand Rathi Share and Stock Brokers Ltd. has initiated coverage on food delivery aggregators Zomato Ltd. and Swiggy Ltd. with ...
Nifty looks for support at lower levels after a ₹10 lakh crore wipeout on Monday. Find out more about the market and the ...
ITC Ltd recorded a delivery volume of 1.4 crore shares, with a delivery percentage of nearly 60%. The total volume stood at ...
Zomato's CEO Deepinder Goyal commends Blinkit's innovative 10-minute ambulance service in Gurugram. Leveraging its hyperlocal delivery network, the se ...
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In a groundbreaking step towards enhancing urban healthcare, Blinkit has launched a 10-minute ambulance service in Gurugram, ...