Mart, and Trent shares are down up to 35% from their 52-week high levels, while FirstCry has seen a correction of 69%.
The quick commerce sector, where Zomato and Swiggy dominate, is witnessing heightened rivalry. Investors are wary of the cost ...
Zomato's disappointing Q3 earnings, driven by its aggressive expansion in the quick commerce segment, intensified concerns ...
The industry body said that suvival of many small businesses is under threat, with many of them in tier 2 and tier 3 towns already feeling immense pressure amid such developments.
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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 ...
Swiggy's stock falls 11% after Zomato's poor quarterly performance raises concerns among investors. What this means for the ...
In volume terms, 30.82 crore equity shares of Zomato traded on the NSE and 1.76 crore shares exchanged hands on the BSE ...
As per the association, Zomato and Swiggy are now using their market dominance to directly compete with the very businesses ...
Swiggy is witnessing an impact from Zomato's quarterly results, which were reported on Monday. Zomato shares are also down 9% ...
Zomato has attributed the weaker numbers to the increased investments in accelerated new dark-store openings and customer ...