Zomato vs Swiggy: Which stock offers better value after the recent correction?

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Indian stock market: Shares of India’s two leading food delivery aggregators—Zomato and Swiggy—have witnessed a sharp decline from their recent peaks, slipping to multi-month lows. The downturn comes amid a broader correction in domestic equity markets, with investors growing increasingly cautious about risky assets, and new-age tech stocks being no exception. Valuation concerns have also … Read more

Zomato, Swiggy shares can jump up to 127%, says ICICI Securities

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Swiggy share price has the potential to more than double, while Zomato share price can jump nearly 40% from current levels, according to ICICI Securities’ latest report on these quick commerce stocks. Swiggy shares spiked as much as 7.72% to ₹351.60 apiece, while Zomato share price gained 3.42% to ₹229.65 apiece on the BSE Tuesday. … Read more