Wednesday, April 2, 2025

Elara Capital

Swiggy likely to have lower public market valuation than Zomato: Elara Capital

Food Tech
Brokerage firm Elara Capital anticipates that Swiggy will have a lower valuation than its competitor Zomato when it goes public. This expectation arises from Swiggy's current outperformance of the IPO-bound Zomato in several key metrics, including...

Zomato achieves new 52-week high at INR 123.9 following strong Q2 performance

News
Zomato's stocks surged by as much as 6.4% during intraday trading on the BSE on Monday, hitting a new 52-week high of INR 123.9. This rise was propelled by the company's strong Q2 FY24 earnings and...

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