Swiggy and Zomato: What should be your strategy for these two new age tech stocks?
1 month, 3 weeks ago

Swiggy and Zomato: What should be your strategy for these two new age tech stocks?

Live Mint  

Swiggy and Zomato: The focus on food delivery companies has intensified over the past few weeks, particularly with Swiggy making its debut on the Indian stock market. “While on an absolute basis Swiggy offers decent upside, we would prefer Zomato if asked to pick only one due to its superior execution in the past and market leadership across key segments. An aspect to consider beyond competition Mohit Gulati, the CIO and managing partner of ITI Growth Opportunities Fund explained that choosing between Zomato and Swiggy is challenging because the competition between them is extremely close. The intense competition from well-funded players like Zepto, Tata BigBasket, Flipkart, and eventually Amazon and Reliance could put significant pressure on the already thin margins for both Swiggy and Zomato,” added Gulati.

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History of this topic

Zomato’s losing steam and the Blinkit drag
Trending News
22 hours, 17 minutes ago

Zomato’s losing steam and the Blinkit drag

Live Mint  

Zomato has been a poster child of startup success. For perspective, Zomato’s food-delivery business turned profitable as early as the second quarter of FY23, but owing to the drag by Blinkit, Zomato as a whole turned profitable only in FY24. Food delivery: From strength to strength Even as Blinkit grows as a share of Zomato’s business, food-delivery has remained the …

Zomato share price tumbles 3% today as poor market run continues. What's next?
Trending News
1 day, 6 hours ago

Zomato share price tumbles 3% today as poor market run continues. What's next?

India Today  

Shares of food delivery giant Zomato extended their decline for the fourth consecutive session, falling over 3% in early trade on Wednesday. The ongoing slide in Zomato’s stock was triggered by a downgrade from foreign brokerage Jefferies, which changed its rating from “buy” to “hold.” The brokerage also slashed its target price by 18% to Rs 275, down from Rs …

Zomato shares drop 5% after Jefferies downgrades stock, cuts target price by 18% to ₹275
1 day, 23 hours ago

Zomato shares drop 5% after Jefferies downgrades stock, cuts target price by 18% to ₹275

Live Mint  

Shares of food aggregator Zomato fell 5 per cent on Tuesday, January 7 after global brokerage Jefferies downgraded the stock to 'Hold', according to media reports. The brokerage also reduced its target price for Zomato by 18 per cent from ₹335 to ₹275, indicating just over 9 per cent upside potential. In response to these challenges, Jefferies significantly lowered its …

Is Zomato's dream stock market run over?
2 days, 6 hours ago

Is Zomato's dream stock market run over?

India Today  

Shares of Zomato fell over 5% in early trade on Tuesday, extending its weak market run after a period of strong gains. The brokerage also reduced its target price for the food delivery giant by 18% to Rs 275, down from Rs 335, reflecting concerns over intensified competition in the quick commerce segment. Jefferies cited heightened competition from Swiggy’s Instamart, …

Zomato share price falls after Jefferies downgrades stock, cuts target price to Rs 275
2 days, 6 hours ago

Zomato share price falls after Jefferies downgrades stock, cuts target price to Rs 275

India Today  

Foreign brokerage Jefferies has downgraded Zomato from a ‘Buy’ to a ‘Hold’ rating, slashing its target price to Rs 275 from Rs 335, citing increased competition in the quick commerce segment. It initiated coverage on both Zomato and Swiggy with ‘Buy’ ratings, setting 12-month target prices of Rs 385 and Rs 705, respectively. ZOMATO VS SWIGGY While Zomato leads in …

Zomato first startup in Sensex 30
2 weeks, 2 days ago

Zomato first startup in Sensex 30

Deccan Chronicle  

Chennai: Food tech giant Zomato has made history as the first Indian startup to join the Bombay Stock Exchange Sensex 30, replacing JSW Steel in the benchmark index of India’s top 30 companies. Zomato’s total market capitalization of Rs 2.7 lakh crore surpassed JSW Steel's Rs 2.24 lakh crore. However, on Monday, following its inclusion in the Sensex 30, Zomato's …

Zomato shares unexpectedly in the red after Sensex entry
2 weeks, 3 days ago

Zomato shares unexpectedly in the red after Sensex entry

Hindustan Times  

Zomato Ltd shares saw an unexpected drop after the food delivery giant got included in the Bombay Stock Exchange's Sensex index comprising of the top 30 stocks in the country. Zomato got included on the Sensex on Monday, December 23, 2024, replacing JSW Steel Ltd. Zomato's inclusion comes at a time when the food delivery giant's shares rallied nearly 43% …

Zomato debuts on Sensex, inflows worth over ₹4,300 crore expected
Top News
2 weeks, 3 days ago

Zomato debuts on Sensex, inflows worth over ₹4,300 crore expected

Hindustan Times  

Food delivery giant Zomato Ltd is debuting on the Bombay Stock Exchange's benchmark Sensex index on Monday, December 23, 2024, making it the first startup or newer company to do so. The logo of Indian food delivery company Zomato is seen on its app on a mobile phone displayed in front of its company website in this illustration picture taken …

Zomato shares to be in focus today. Here's why
Trending News
2 weeks, 3 days ago

Zomato shares to be in focus today. Here's why

India Today  

Zomato shares are set to be in the spotlight today as the food delivery giant achieves a huge milestone, becoming the first new-age tech company to join the BSE Sensex’s 30-share index. Brokerage firm Nuvama has estimated inflows of $513 million into Zomato due to its inclusion in the Sensex, while JSW Steel may see outflows of $252 million. Brokerage …

Zomato share price falls over 3% after inclusion in Sensex
Trending News
2 weeks, 4 days ago

Zomato share price falls over 3% after inclusion in Sensex

Live Mint  

Zomato share price fell over 3% on Monday after the food delivery giant was included in the benchmark BSE Sensex index. Zomato’s inclusion in the Sensex not only reflects the food delivery giant’s market leadership but also signifies the growing prominence of tech-driven companies in the Indian stock market landscape. Zomato Share Price Trend Zomato share price has delivered impressive …

Zomato upends tradition with Sensex entry
2 weeks, 4 days ago

Zomato upends tradition with Sensex entry

Live Mint  

Zomato will make history on Monday as the first new-age tech stock to be included in the prestigious BSE Sensex, replacing JSW Steel in a half-yearly rebalancing of constituents. While the rejig is routine, the food delivery giant's inclusion in the club of India's most influential companies underscores the growing prominence of the digital sector. While Sensex companies drive India's …

JPMorgan says Swiggy an ‘underappreciated winner’, sees 25% upside in stock price
2 weeks, 5 days ago

JPMorgan says Swiggy an ‘underappreciated winner’, sees 25% upside in stock price

Live Mint  

Swiggy shares, which have already run up close to 50 per cent from their IPO price of ₹390, still have more room to run, according to JPMorgan as the brokerage initiated coverage on the stock with a ‘buy’ rating and a target price of ₹730. JPMorgan's price target implies a potential upside of 25 per cent in food delivery aggregator's …

Swiggy share price poised for 20% upside? Axis Capital initiates coverage on stock, highlights competitive position
Trending News
3 weeks, 2 days ago

Swiggy share price poised for 20% upside? Axis Capital initiates coverage on stock, highlights competitive position

Live Mint  

Stock Market Today: Shares of Swiggy climbed over 6 per cent on Monday, December 16 after the brokerage house Axis Capital initiated coverage on the new-age stock with a ‘Buy’ rating and a target price of ₹640, citing a 27 per cent valuation discount to peer Zomato as justified. Analysts at Axis Capital view Swiggy as a compelling investment opportunity, …

Swiggy share price hits all-time high today. Here's what drove the rally
3 weeks, 3 days ago

Swiggy share price hits all-time high today. Here's what drove the rally

India Today  

Swiggy shares surged to a new record high on December 16 after domestic brokerage Axis Capital initiated coverage on the food delivery and quick-commerce platform with a strong recommendation. BROKERAGE VIEW Axis Capital’s report highlighted Swiggy as a strong investment opportunity, calling it India’s second-largest player in the food delivery and q-com space. RISKS TO WATCH While Axis Capital is …

Zomato QIP, Swiggy IPO to Reliance Industries: Where did mutual funds invest most in November?
3 weeks, 6 days ago

Zomato QIP, Swiggy IPO to Reliance Industries: Where did mutual funds invest most in November?

Live Mint  

New-age stocks caught the attention of mutual fund investors in November, with food delivery giants Zomato and Swiggy receiving the largest share of investor money. According to a recent report by Nuvama Institutional Equities, mutual funds invested ₹26,400 crore in stocks last month, with ₹5,600 crore allocated to Zomato’s Qualified Institutional Placement and ₹5,300 crore invested in its biggest competitor, …

Swiggy share price falls over 5% after one-month anchor lock-in period ends
4 weeks, 1 day ago

Swiggy share price falls over 5% after one-month anchor lock-in period ends

Live Mint  

Swiggy share price declined over 5% in early trade on Wednesday after the lock-in period for anchor investors expired today. Swiggy shares made their stock market debut on November 13 and the one month lock-in period for anchor investors ended today, December 11. Swiggy share price trend Swiggy share price made a decent debut last month as the stock was …

Swiggy share price jumps 6% as CLSA initiates ‘outperform’ rating on the stock, sees 32% upside
4 weeks, 2 days ago

Swiggy share price jumps 6% as CLSA initiates ‘outperform’ rating on the stock, sees 32% upside

Live Mint  

Swiggy share price: Global brokerage firm CLSA has become the latest to join the growing list of analysts optimistic about food delivery giant Swiggy. Post CLSA's initiation report, the food delivery to quick commerce stock climbed as much as 5.6 per cent to its day's high of ₹567.80. CLSA's Perspective According to CLSA, Swiggy operates in a massive total addressable …

Financials, IT drive Indian shares higher ahead of cenbank policy decision
1 month ago

Financials, IT drive Indian shares higher ahead of cenbank policy decision

Live Mint  

By Bharath Rajeswaran -Indian shares advanced on Thursday as U.S.-focused IT stocks jumped on a rosy picture of the U.S. economy, while financials extended their rally to a fifth session on hopes of domestic policy easing. IT companies, which earn a significant share of their revenue from the U.S., rose about 2% after Federal Reserve Chair Jerome Powell said the …

Zomato shares climb over 6% to record high, end 18 of last 21 months in green with 500% gain
1 month ago

Zomato shares climb over 6% to record high, end 18 of last 21 months in green with 500% gain

Live Mint  

Stock Market Today: Shares of Zomato, the food delivery aggregator, achieved a new milestone in Thursday's trade on December 5, crossing the ₹300 mark for the first time in intraday trade to touch a fresh record high of ₹304.65, gaining 6.4 per cent and surpassing its previous all-time high of ₹298.25, which was recorded in September. Global brokerage firm CLSA …

Swiggy share price hits 52-week high today. Will the positive momentum last?
1 month ago

Swiggy share price hits 52-week high today. Will the positive momentum last?

India Today  

Swiggy shares soared to a 52-week high of Rs 576.95 during Thursday’s trading session, recording an 11.35% jump for the day. While Swiggy’s order density is improving, the brokerage noted that "Blinkit had achieved better unit economics at a similar scale." "Swiggy laying out tough goals for itself is commendable," the firm stated, citing improvements in Instamart’s growth and contribution …

Swiggy and Zomato shares hit all-time high today. Can they deliver more returns?
1 month ago

Swiggy and Zomato shares hit all-time high today. Can they deliver more returns?

India Today  

Shares of online food delivery giants Swiggy and Zomato extended their rally on Thursday, driven by strong buying interest among investors. The rally follows Swiggy’s robust Q2 results, which showcased strong revenue growth and promising developments in its quick commerce and food delivery segments. However, Swiggy faced challenges in market share as its gross order value growth in food delivery …

Can Swiggy’s Instamart spice it up in quick commerce?
1 month ago

Can Swiggy’s Instamart spice it up in quick commerce?

Live Mint  

For the September quarter, both companies saw about 5% and 24% growth in their respective gross order values of the food delivery and quick-commerce businesses. In Q2FY25, Swiggy’s GOV was ₹10,600 crore against ₹15,800 crore of Zomato in both the main businesses, i.e., food delivery and quick commerce together. Its adjusted Ebitda in Q2FY25 in the two businesses was ₹333 …

Swiggy share price jumps 7% after Q2 results. Should you buy or avoid?
Trending News
1 month ago

Swiggy share price jumps 7% after Q2 results. Should you buy or avoid?

India Today  

Shares of Swiggy surged nearly 7% on Wednesday to touch Rs 534.85 on the Bombay Stock Exchange after the company announced robust Q2 FY25 earnings, driven by strong performance in food delivery and quick commerce. The food delivery business achieved adjusted EBITDA profitability of Rs 112 crore at a 1.6% margin, with GOV rising 5.6% QoQ to Rs 7,191 crore. …

Swiggy Q2: Losses Narrow To Rs 626 Crore, Firm Clocks 30 Per Cent Jump In Revenue
1 month ago

Swiggy Q2: Losses Narrow To Rs 626 Crore, Firm Clocks 30 Per Cent Jump In Revenue

ABP News  

Food and grocery delivery firm Swiggy reported a revenue of Rs 3,601.5 crore in the July-September quarter, logging a gain of 30 per cent from Rs 2,763.3 crore reported in the corresponding period a year earlier. The online delivery company’s loss stood at Rs 626 crore in the second quarter of the current fiscal year 2024-25, narrowing 5 per cent …

Swiggy share price zooms 10% to new peak ahead of Q2FY25 numbers, up 39% from IPO price
1 month ago

Swiggy share price zooms 10% to new peak ahead of Q2FY25 numbers, up 39% from IPO price

Live Mint  

Swiggy, the popular food delivery aggregator and a direct competitor to Zomato, saw its shares spike 10 per cent in Tuesday's trade, reaching a fresh high of ₹541.95 per share. It believes the stock is priced at a 35 per cent to 40 per cent discount to Zomato and sees room for this valuation gap to narrow as Swiggy demonstrates …

Explained: Why Swiggy share price gained in early trade today
1 month ago

Explained: Why Swiggy share price gained in early trade today

India Today  

Shares of Swiggy Ltd gained sharply in early trade on Tuesday as investors are eagerly waiting the release of the company’s second-quarter results. The surge comes amid heightened interest in Swiggy's growth trajectory, with reports suggesting the food and quick-commerce platform has expanded its 10-minute delivery service, Bolt, to over 400 cities. On the technical front, Swiggy’s stock showed resistance …

Zomato raises ₹8,500 crore via QIP at ₹252.62 per share to bulk up cash reserves
1 month, 1 week ago

Zomato raises ₹8,500 crore via QIP at ₹252.62 per share to bulk up cash reserves

Live Mint  

Bengaluru: Food and grocery delivery player Zomato has raised ₹8,500 crore through its qualified institutional placement, allocating 33.64 crore shares at ₹252.62 apiece, it said in a filing with the stock exchanges on Friday. The Gurugram-based company’s cash balance fell to ₹10,800 crore in the September quarter of FY25 from ₹14,400 crore when it launched an initial public offering in …

Swiggy Stock Check: Share up 20% in one week; is it still a buy? Here’s what technical and fundamental experts suggest
1 month, 1 week ago

Swiggy Stock Check: Share up 20% in one week; is it still a buy? Here’s what technical and fundamental experts suggest

Live Mint  

Swiggy's shares have delivered impressive returns to investors since its listing on November 13, 2024. Here's a look at what technical and fundamental analysts suggest: Technical Analysis According to Rajesh Palviya, Senior Vice President of Technical and Derivatives Research at Axis Securities, Swiggy’s stock is exhibiting a bullish trend, forming a "rounding bottom" pattern around ₹488. The brokerage is optimistic …

BSE revises price band of Zomato, Paytm, Adani Total Gas, and 52 other stocks from November 29
1 month, 1 week ago

BSE revises price band of Zomato, Paytm, Adani Total Gas, and 52 other stocks from November 29

Live Mint  

The Bombay Stock Exchange on Friday, November 28, announced that it has revised the price band of Zomato, Paytm, Adani Total Gas, and 52 other stocks, effective Friday, November 29, according to the official exchange filing. Stocks with 10% price revision According to the official notice, there are 46 company stocks for which the price band has been revised to …

Zomato Share Price Today on 27-11-2024: Zomato share price are up by 2.45%, Nifty up by 0.02%
1 month, 1 week ago

Zomato Share Price Today on 27-11-2024: Zomato share price are up by 2.45%, Nifty up by 0.02%

Live Mint  

Zomato Share Price Today on 27-11-2024: At 27 Nov 11:29 today, Zomato shares are trading at price ₹287, 2.45% up from the previous closing price. On the technical front, the stock is trading above the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & 300 days. The SMA …

Zomato shares up 131% this year: Should you buy multibagger stock?
1 month, 1 week ago

Zomato shares up 131% this year: Should you buy multibagger stock?

India Today  

Food delivery giant Zomato’s shares surged over 131% on a year-to-date basis, delivering multibagger returns to investors. Zomato plans to invest Rs 2,100 crore in Blinkit’s capex over FY2026-28, including the development of dark stores and warehousing capabilities. The brokerage noted that Zomato’s food delivery business continues to grow, with a 24% year-on-year increase in power customers to 34 lakh …

Deepinder Goyal's Zomato opens ₹8,500 crore QIP share sale, floor price at ₹265.91 per share
1 month, 1 week ago

Deepinder Goyal's Zomato opens ₹8,500 crore QIP share sale, floor price at ₹265.91 per share

Hindustan Times  

Food delivery giant Zomato Ltd has approved a Qualified Institutional Placement, with a floor price of ₹265.91 per share, according to an exchange filing on Monday, November 26, 2024. The logo of Indian food delivery company Zomato is seen on its app on a mobile phone displayed in front of its company website in this illustration picture taken July 14, …

Zomato Share Price Today on 26-11-2024: Zomato share price are up by 0.8%, Nifty up by 0%
1 month, 2 weeks ago

Zomato Share Price Today on 26-11-2024: Zomato share price are up by 0.8%, Nifty up by 0%

Live Mint  

Zomato Share Price Today on 26-11-2024: At 26 Nov 11:13 today, Zomato shares are trading at price ₹275.8, 0.8% up from the previous closing price. On the technical front, the stock is trading above the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & 300 days. The SMA …

Zomato CEO Deepinder Goyal forgoes Rs 3.5 crore salary till FY26
1 month, 2 weeks ago

Zomato CEO Deepinder Goyal forgoes Rs 3.5 crore salary till FY26

India Today  

Deepinder Goyal, the CEO of food delivery platform Zomato, has decided to forgo his annual salary of Rs 3.5 crore until the end of the financial year 2026. He owns a 4.18% stake in Zomato, which is currently valued at over Rs 10,000 crore, based on the company’s closing share price on November 25. ZOMATO’S MARKET PERFORMANCE Zomato has achieved …

Zomato Share Price Today on 25-11-2024: Zomato share price are up by 6.7%, Nifty up by 1.81%
1 month, 2 weeks ago

Zomato Share Price Today on 25-11-2024: Zomato share price are up by 6.7%, Nifty up by 1.81%

Live Mint  

Zomato Share Price Today on 25-11-2024: At 25 Nov 11:17 today, Zomato shares are trading at price ₹281.85, 6.7% up from the previous closing price. On the technical front, the stock is trading above the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & 300 days. The SMA …

Zomato Shares Surge 6 Per Cent. Here's Why
Trending News
1 month, 2 weeks ago

Zomato Shares Surge 6 Per Cent. Here's Why

ABP News  

Shares of Zomato soared as much as 6 per cent in early trade on Monday, fueled by two major developments, its inclusion in the benchmark BSE Sensex and shareholder approval for a Rs 8,500 crore Qualified Institutional Placement. The inclusion highlights Zomato's impressive market performance, with the stock rallying over 113 per cent this year. The company's cash reserves saw …

Zomato Share Price Today on 22-11-2024: Zomato share price are down by -0.99%, Nifty up by 1.21%
1 month, 2 weeks ago

Zomato Share Price Today on 22-11-2024: Zomato share price are down by -0.99%, Nifty up by 1.21%

Live Mint  

Zomato Share Price Today on 22-11-2024: At 22 Nov 12:43 today, Zomato shares are trading at price ₹264.1, -0.99% down from the previous closing price. On the technical front, the stock is trading above the 10,20,100,300 days SMA & lower than the 5,50 day SMA. The stock will have support at 10,20,100,300 days SMA & face resistance at 5,50 days …

Zinka Logistics Solutions share price dips after positive debut. Buy, sell or hold?
1 month, 2 weeks ago

Zinka Logistics Solutions share price dips after positive debut. Buy, sell or hold?

Live Mint  

Stock market today: Zinka Logistics Solutions shares had a positive listing on the BSE and NSE, but the newly listed stock came under sharp selling pressure and slipped below the upper price band of the public offer. Zinka Logistics Solutions share price opened on the BSE at ₹279.05 apiece and touched an intraday low of ₹260.10 per share. Likewise, Zinka …

Betting on Swiggy and Zomato: Can India’s food delivery titans deliver?
1 month, 2 weeks ago

Betting on Swiggy and Zomato: Can India’s food delivery titans deliver?

Live Mint  

The Indian food delivery market has become a fierce battleground, with Swiggy and Zomato not only competing for your dinner orders but also commanding attention in boardrooms and on trading floors. Zomato’s recent analyst reports echo this optimism, indicating that while the market remains consolidated, both players have significant room to grow as more Indians adopt food delivery services. View …

Zinka Logistics makes tepid market debut: Should investors hold or exit?
1 month, 2 weeks ago

Zinka Logistics makes tepid market debut: Should investors hold or exit?

India Today  

Zinka Logistics Solutions, the operator of the BlackBuck platform, made a modest debut on Dalal Street on Friday. The performance slightly exceeded muted expectations, given the IPO's moderate subscription and the absence of a grey market premium prior to listing. Shivani Nyati, Head of Wealth at Swastika Investmart Ltd, said, “Zinka Logistics made a positive debut on the stock market, …

Zomato CEO Deepinder Goyal’s advice to Swiggy: ‘Competent people can’t recognise they are complacent, don’t…’
1 month, 2 weeks ago

Zomato CEO Deepinder Goyal’s advice to Swiggy: ‘Competent people can’t recognise they are complacent, don’t…’

Live Mint  

Swiggy, a direct competitor to Zomato and one of India's leading food delivery aggregators made its highly anticipated stock market debut on November 13. Interestingly, just weeks before Swiggy's IPO, Zomato CEO Deepinder Goyal had some advice for Swiggy's employees, reflecting on his company's own experience of going public in 2021, the Times of India reported. Speaking at the ET …

Zomato share price: Experts see 45% upside in this Multibagger stock. Should you buy?
1 month, 2 weeks ago

Zomato share price: Experts see 45% upside in this Multibagger stock. Should you buy?

Live Mint  

Zomato share price: With 118% returns year to date and more than 130% in last one year Zomato Stock has given Multibagger returns to investors. Strong Q2 Results Zomato has seen strong Q2 performance, Zomato Ltd's Q2FY25 net profit increased by 389% to ₹176 crore from ₹36 crore the previous year. Analyst views Post Q2 Analysts at Axis Securities said …

Breakout stocks to buy or sell: Zomato to Fortis Healthcare — Sumeet Bagadia recommends five shares to buy today
1 month, 3 weeks ago

Breakout stocks to buy or sell: Zomato to Fortis Healthcare — Sumeet Bagadia recommends five shares to buy today

Live Mint  

Breakout stocks to buy or sell: Following weak global market sentiments on rising US dollar rates, the Indian stock market ended lower for the sixth straight session on Thursday last week. Sumeet Bagadia's stocks to buy today Sumeet Bagadia, Executive Director at Choice Broking, believes overall Indian stock market sentiment is weak. Speaking on the outlook for the Indian stock …

Stocks to Watch: Zomato, Nykaa, Hero MotoCorp, RIL, Godrej Properties, and more
1 month, 3 weeks ago

Stocks to Watch: Zomato, Nykaa, Hero MotoCorp, RIL, Godrej Properties, and more

Live Mint  

Here’s a quick look at stocks likely to be in focus in today's trade. Grasim Industries: Grasim reported a 66% decline in consolidated net profit to ₹390 crore for Q2FY25, down from ₹1,164 crore in the same quarter last year. PTC Industries: PTC Industries posted a net profit of ₹17.31 crore for Q2FY25, more than doubling the ₹8.14 crore reported …

Swiggy vs Zomato: Which food delivery stock should you buy for long-term? Here’s a 5-point analysis
1 month, 3 weeks ago

Swiggy vs Zomato: Which food delivery stock should you buy for long-term? Here’s a 5-point analysis

Live Mint  

Swiggy vs Zomato: After a decent initial public offering, Softbank-backed food delivery giant Swiggy delivered a powerful stock market debut, beating analysts' estimates. Zomato has established itself as the leading player in India's food delivery industry, capturing a market share of 56 per cent-57 per cent in online food orders in FY24. Here are the five key indicators to compare …

Swiggy shares slump nearly 6% day after market debut
1 month, 3 weeks ago

Swiggy shares slump nearly 6% day after market debut

Hindustan Times  

Shares of newly-listed food delivery and quick commerce major Swiggy declined nearly 6 per cent on day two of trading on Thursday. On Wednesday, shares of Swiggy ended with a premium of nearly 17 per cent against the issue price of ₹390. Swiggy's market cap had crossed ₹1 lakh crore on the day of the listing of shares on the …

Swiggy share price above 25% from issue price, hits ₹1 lakh crore market cap. Do you own?
Trending News
1 month, 3 weeks ago

Swiggy share price above 25% from issue price, hits ₹1 lakh crore market cap. Do you own?

Live Mint  

Swiggy's share price extended its upward momentum on Thursday, November 14, marking the second consecutive day of gains following its listing on Indian stock exchanges. On Thursday, Swiggy shares jumped as much as 7.3% intraday to a fresh high of ₹489.25 apiece on the BSE, with its market capitalisation briefly crossing the ₹1 lakh crore mark. Swiggy shares were listed …

Swiggy share price falls 3% after listing. Should you buy or avoid?
Trending News
1 month, 3 weeks ago

Swiggy share price falls 3% after listing. Should you buy or avoid?

India Today  

Swiggy's share price dipped over 3% on its second day of trading on Thursday. According to HDFC Securities, Swiggy’s growth may trail Zomato for another 4-6 quarters unless it strengthens its monthly transacting user base, a key driver of gross order value growth. HDFC Securities highlighted that Swiggy’s order density and average order value lag significantly, translating into higher fixed …

Swiggy shares video after market debut: ‘Ghanti bajaate bajaate, kahan tak pahunch gae!’
1 month, 3 weeks ago

Swiggy shares video after market debut: ‘Ghanti bajaate bajaate, kahan tak pahunch gae!’

Live Mint  

Popular food delivery aggregator and a direct competitor to Zomato, Swiggy, made its highly anticipated stock market debut on 13 November with its shares at ₹420 on the National Stock Exchange and ₹412 on the Bombay Stock Exchange. The firm's Draft Red Herring Prospectus report stated that the total number of outstanding ESOPs as of September 2024 stood at 231 …

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