Swiggy to Zomato: Top food delivery stocks; Check share price
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Correction in Food Delivery Company Shares
Swiggy and Zomato shares have corrected by more than 45% in three months. Selling is going on after the December quarter results. There is a jump in shares on Wednesday, February 5
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Swiggy Share Price
On Wednesday, March 5, Swiggy shares are trading in the range of ₹349.95 till 10 am. The share is currently trading at a 30% discount based on the food delivery business valuation
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Swiggy Share Price Target
Brokerage firm ICICI Securities has advised to bet on share for at least one year. The target price of this share is given as ₹740, which is about 125% more than the target price
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Swiggy Share: High Level
Swiggy's share made its low level of ₹317 on March 3. After listing, this share reached ₹617, which is its high level. It has become about half from there
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Zomato Share Price
Zomato's share is trading in the range of ₹226.85 till 10 am on Wednesday, March 5. Brokerage says, this share is on the valuation of food delivery business. Good for long term
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Zomato Share Price Target
ICICI Securities has advised to keep this share in the portfolio for 1 year. The target price of this share is given as ₹310, which is about 36% more
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Zomato Share: High-Low
Zomato's share reached a high of ₹305 in December 2024. It made its low level of ₹203
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Note
Be sure to consult your market expert before making any kind of investment