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The Indian stock market witnessed a significant drop in the share prices of food delivery giants Zomato and Swiggy on Tuesday, following Zomato’s disappointing third-quarter results. Both companies ...
Zomato, India’s food ordering and delivery platform and Blinkit, a quick commerce entity have announced their 2024 - year end wraps, offering a glimpse into the most popular food choices and ordering ...
Zomato Limited was originally incorporated as a Private Limited Company with the name DC Foodiebay Online Services Private Limited at New Delhi dated January 18 2010. Pursuant to a Special Resolution ...
The firm recently raised Rs 8,500 crore through a qualified institutional placement (QIP) that was largely led by domestic investors. In March, Zomato renamed its ‘pure veg’ mode to ‘veg only’ and ...
The festive season came as a downer for Zomato and Swiggy. Their share prices fell by 25-30% from December 15 onwards as broader consumer demand slowed. The two stocks underperformed the Nifty 50 ...
Zomato’s stock had been on a tear the the last year or so, but cracks now seem to be showing in its growth story. Zomato and Swiggy’s stocks have crashed 10 percent each in trade today after Zomato ...
Global markets also contributed to the positive sentiment. Jan 23, 2025 16:14 NRAI to Challenge Zomato, Swiggy 'Private Labelling' in CCI The National Restaurant Association of India (NRAI) plans to ...
The P/B ratio shows how a stock's market price compares to its book value. It helps gauge whether a stock is undervalued or overvalued relative to its net assets.
Zomato and Swiggy are focusing on monetising their growing loyalty programme subscriber base, which drives significant food delivery orders. Both platforms offer exclusive benefits to subscribers to ...
Shivani Tiwari | Jan 16, 2025, 04:16 PM IST 1.Dhanashree Verma Dhanashree made her first public appearance, stepping out in a stylish black and white ensemble. Her outfit exuded confidence and ...