“Food delivery is now more like a stable growth scenario. They are not going to grow anywhere, say, 50%, 70% kind of number. It is going to be more normative, …
Deven Choksey, MD, DRChoksey FinServ Pvt. Ltd, says Reliance has corrected significantly and a good amount of buying has happened on that counter. Similarly, some of the NBFC stocks like …
Shares of newly-listed Swiggy climbed as much as 4% on Monday to Rs 448.65 on BSE after brokerage UBS initiated coverage on the leading food delivery player with a ‘buy’ …
“Obviously, few of them had gone way ahead of their earnings and few of them were trading below their valuations which were very attractive,” says Rahul Shah, MOFSL.Pretty stellar rally …
“Right now, there is no visibility in terms of growth revival, although the companies have been saying that the second half will be better, but then when there is no …
New Delhi: Shareholders of food and grocery delivery firm Zomato have cleared its plan to raise Rs 8,500 crore via a qualified institutional placement (QIP), the company said on Saturday …
Citing Swiggy’s solid brand presence and user base, brokerage HDFC Securities has initiated coverage on the Dalal Street debutant with an Add rating and a stock target price of Rs …
Tencent Holdings Ltd.’s top backer Prosus NV said it has made more than $2 billion on its Swiggy investment as it continues to highlight the value of its portfolio outside …
Highlighting that ‘hyper growth meets hyper competition’, global brokerage firm Macquarie has raised its target price for Zomato to Rs 130 from an earlier Rs 100 while maintaining a bearish …
Brokerage firm Macquarie has initiated an ‘Underperform’ rating on Swiggy with a target price of Rs 325, reflecting a downside of nearly 17% from its issue price of Rs 390. …