The shares of these two leading food aggregators, Swiggy and Eternal Delivery aggregators are down by 2.5 percent and 2 percent respectively, after Rapido announced its foray into the food delivery business. In this article, we will discuss about this announcement in...
The shares of Eternal, parent company of Zomato, surged to hit its day high of Rs 239.50 per share, i.e, 8.83 percent up from its day low of Rs 220.05 per share. With a market capitalisation of Rs 2,27,314 crores, the shares of Eternal Ltd is currently trading at Rs...
According to a joint report by Bain & Company and Swiggy, India’s food delivery market is expected to grow at a compound annual growth rate (CAGR) of 18 percent, reaching over Rs 2 lakh crore by 2030. The rise of user-friendly apps and technology-driven...
Index rebalancing ensures market accuracy by adjusting for factors like market capitalization, liquidity, and sector representation. Stocks that no longer meet the criteria are removed, while new ones are added, maintaining the index’s integrity and offering...
The food delivery and quick grocery business in India has seen tremendous growth in recent years, driven by changing consumer habits, urbanization, and a growing preference for convenience. Companies like Swiggy and Zomato dominate the food delivery landscape,...
The upcoming Sensex rebalancing in December represents a significant shift in India’s marquee index composition, reflecting evolving market dynamics and sector performance. For investors, these changes signal crucial portfolio adjustment opportunities and...
Investors should pay attention to stocks where the half-yearly net profit exceeds the yearly profit, as these companies demonstrate strong growth and resilience. This trend can signal potential opportunities for higher returns and indicate a positive outlook for the...
The Indian stock market has witnessed its fair share of volatility, with many companies experiencing drastic price fluctuations. However, some stocks have managed to make a strong comeback after significant declines, showcasing their resilience and the ability of...
Zomato dominates India’s food delivery market with impressive growth numbers. The company connects millions of customers to restaurants daily. Moreover, their recent acquisition of Blinkit expanded their quick commerce presence significantly. Their Gold...
One of the New Age stocks engaged in online food delivery is in focus after reporting a revenue increase of 68.50 percent to Rs 4799 crore and a net profit increase of 388.89 percent to Rs. 176 crore in the second quarter of the financial year 2025 Price...
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