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.
Cochin Shipyard shares jump 7% on heavy volumes; stock up over 700% in 2 years
Cochin Shipyard shares: The stock has posted exceptional gains, surging nearly 737% in the past two years, 1,178% over three years, and 1,649% in five