Brokerage firm Bernstein has maintained a positive outlook on both Swiggy and Zomato, citing their strong foothold in the fast-growing quick commerce space. The brokerage has set a target price of Rs ...
With the launch of District by Zomato and growth in high value purchases in Blinkit, Zomato’s brand value grew 69% year on ...
The food delivery firm is the fastest growing brand, climbing 10 places to rank 21 and nearly doubling its brand value to $6 ...
The brokerage firm slashed Naukri.com’s parent company’s PT to INR 7,800 from INR 8,750 earlier Explaining its rationale for the revision in PT, JM Financial highlighted the recent correction in the ...
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Swiggy’s Turnaround: Nuvama Initiates Bullish Coverage As Food Delivery Outpaces Zomato — Check Target Price
The momentum appears to be shifting in Swiggy’s favour, notes Nuvama: its food delivery business has been outpacing Zomato for the past four quarters alongside better profitability.
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Bernstein Initiates Coverage On Zomato Parent Eternal And Swiggy Citing Bright Prospects In Quick Commerce
Bernstein in its report highlighted that India’s top 5% of consumers, around 70 million people with an estimated GDP per capita of $20,000, will represent an $80 billion addressable market by ...
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From Zomato to Lenskart: 25 tech startup IPOs, 8 losers, 4 multibaggers, and one unending argument
India's tech startup IPOs have seen a mixed bag since 2021, with 25 companies listing and generating an average 42% gain. Despite debates over high valuations like Lenskart's, four multibaggers have ...
Nuvama Institutional Equities initiated coverage on Swiggy with a ‘Buy rating and a target price of ₹510, citing its strong ...
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