The quick commerce industry in India is rapidly growing, with the food takeaway segment expected to see a compound annual growth rate (CAGR) of over […]
Tag: Zomato
Brokerage Reports: Macquarie Underweight on Swiggy, Zomato with T.P. Rs 325, Rs 130; CLSA on Reliance Industries, Britannia; Jefferies Underperform on BSE at T.P. Rs 3500; BofA, UBS Warn of Inflation Risks Impacting Growth
Macquarie On Swiggy Macquarie starts coverage with an “Underperform” rating and a target price of Rs 325. Swiggy has potential, but the path to profitability […]
Brokerage Reports: Goldman Sachs Downgrades India, UBS on Paytm, Macquarie on Zomato, JPMorgan on Bajaj Finance, Jefferies on SRF, Nomura on Persistent, HSBC on ICICI Pru Life
Goldman Sachs on India: Goldman Sachs has downgraded Indian equities from Overweight to Neutral, pointing to slowing economic growth and corporate profits. While the long-term […]
Brokerage Reports on Tata Motors, Nykaa, Zomato, Polycab, and More: Key Stock Ratings and Forecasts
Nomura on Tata Motors: Nomura maintains a “Buy” rating with a target price of Rs 1303. Jaguar Land Rover (JLR) reported a 3% and 10% […]
SEBI Introduces New Entry and Exit Rules for F&O Segment
The Securities and Exchange Board of India (SEBI) has made significant changes to the entry and exit criteria for stocks in the derivatives segment (Futures […]
SoftBank Vision Fund 1 Reports Mixed Results: $544 Million Loss on Paytm, Profits on Other Investments
SoftBank’s Vision Fund 1 lost $544 million on its $1.6 billion investment in Paytm, which it sold off completely in the June quarter. In November […]