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Zomato stock tumbles 11% after earnings announcement
In volume terms, 30.82 crore equity shares of Zomato traded on the NSE and 1.76 crore shares exchanged hands on the BSE ...
Quick commerce rivalry heats up: Zomato and Swiggy extend losses amid competition concerns
The quick commerce sector, where Zomato and Swiggy dominate, is witnessing heightened rivalry. Investors are wary of the cost ...
Swiggy, Zomato Extends Downslide 3%, Zomato Shares Fall 33% From Peak; Should You Invest?
Zomato’s price-to-earnings (P/E) ratio is 114.24, compared to a price-to-book (P/B) ratio of 7.73. The company’s earnings per ...
Private labelling by Zomato, Swiggy will wipe out many small, localised food businesses: NRAI’s Sagar Daryani
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.