Zomato Shares Plummet as Q3 Results and Cautious Outlook Disappoint Investors; Swiggy Also Feels the Heat
Zomato, one of India’s leading online food delivery platforms, has witnessed a significant downturn in its share prices following the release of its third-quarter (Q3) financial results for the fiscal year 2024-25. The company’s performance fell short of market expectations, leading to a sharp decline in investor confidence. This negative sentiment has also impacted Swiggy, … Read more