Zomato, Swiggy shares down up to 23% from peak. How to handle this delivery dilemma

  • Posted on January 20, 2025
  • By Business News Today
  • 4 Views
Zomato, Swiggy shares down up to 23% from peak. How to handle this delivery dilemma

Shares of Zomato and Swiggy have sharply declined up to 23% amid stiff competition in the quick commerce market. Analysts suggest that rising costs and intense competition may affect profitability, but both companies are expected to outperform broader indices by 2025. Current lower share prices may represent attractive entry points.
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Business News Today

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