Rahul Jain, Director at Dolat Capital, indicates that Swiggy may face profitability challenges due to increased competition in quick commerce. Although Swiggy is making strides in innovations like 10-minute deliveries, it trails Zomato in execution and profitability. This gap may keep Swiggy’s valuation significantly lower than Zomato’s despite potential market share improvements.
Vi, Indus Towers shares in focus after co releases 3% pledge of Vodafone stake
Vodafone Idea Share Price: Earlier, the UK-based telecom operator Vodafone PLC announced to sell its remaining 3% stake in Indus Towers to repay debt in
December 5, 2024