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 …
Nestle India share price traded lower on Friday, extending its decline for the sixth consecutive session. Here’s what brokerages have to say on Nestle India Q1 results and Nestle India shares: Emkay Global Brokerage firm Emkay Global sees driving real internal growth as the key ahead for Nestle India, whereas pricing needs to be balanced to drive structural growth. The …
Public sector banks have been consistent performers on the Street in last one year and if experts estimates are to go by, their earnings growth will sustain going ahead aided by improved loan growth, margins and controlled credit costs. PSU banks have progressed a lot in past 5 years with profitability of of top seven PSBs improving to an estimated …
