Shares of food and grocery delivery platforms Zomato and Swiggy have hit fresh record highs on December 5 as the firms got brokerage upgrades. Brokerage firm CLSA maintained its 'outperform' rating on ...
Swiggy also saw an increase in the number of orders on the platform by 16.52% going from 192 million in Q2FY24 to 230 million ...
Visits to the local grocery store often meant settling for the second-best item, where customer preferences were given short ...
Zomato shares surged as much as 6.5% on Thursday to cross the mark of ₹300, making a new high of ₹304.65. The stock has now ...
HDFC Securities has downgraded Swiggy to ‘reduce’ from ‘add’ but bumped up its target price to INR 470 per share from INR 430 ...
As the stock reaches new highs, analysts are raising concerns about whether this positive momentum will last. The sharp rally ...
JM Financial in its report said that Swiggy reported a healthy 5 per cent QoQ expansion in monthly transacting users (MTU) ...
Zomato’s competitor Swiggy’s positive Q2 earnings also bode well for Zomato. Global brokerage CLSA reaffirmed its ‘outperform’ rating on Zomato with a target price of Rs 370, citing strong momentum in ...
Swiggy's recent stock surge highlights strong market optimism, but analysts express mixed sentiments on valuation and future ...
Zomato shares hit a 52-week high of ₹304.50 on the BSE, taking the company’s market capitalisation to ₹2.9 lakh crore.
Swiggy shares surged nearly 13% over two sessions, driven by narrowing losses and strong Q2 results. Revenue rose 30% YoY to ...
Swiggy Limited clarifies stock exchange inquiries on Bolt's expansion, trading at ₹561.65, hitting 52-week high at ₹566.