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, …
Amazon is entering India’s quick commerce race, close on the heels of pilots from Flipkart and Reliance. The rise of Big QCom, if we may call it that, is likely to disrupt the country’s retail trade in all its forms and also impact other segments of this industry. Traditional retailers, the kirana or corner shops, are likely to be impacted …
