November 21, 2024

Zomato

Motilal Oswal initiates coverage on Swiggy, sees 16% upside; here’s what the brokerage says | Stock Market News

Motilal Oswal initiates coverage on Swiggy, sees 16% upside; here’s what the brokerage says | Stock Market News

TheSpuzz Desk09 mins

Source: Live Mint Swiggy, the recently-listed food tech company, has garnered significant attention from leading domestic brokerage firms. After HDFC Securities and JM Financial, Motilal Oswal Financial Services (MOSL) has become the third domestic brokerage to initiate coverage on the stock. The firm believes that Swiggy’s quick commerce business could disrupt consumption patterns in India…

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Expert view: Earnings can double over the next 4-5 years; small-cap earnings expected to grow faster, says Equirus MD | Stock Market News

Expert view: Earnings can double over the next 4-5 years; small-cap earnings expected to grow faster, says Equirus MD | Stock Market News

TheSpuzz Desk014 mins

Source: Live Mint Expert view: Sahil Shah, Managing Director (MD) and Chief Investment Officer (CIO), Equirus, believes one or two quarters of earnings misses or external events could disrupt the Indian stock market in the short term. However, corporate earnings in the broader market can double over the next four to five years, with small-cap…

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Investors shy away from FMCG stocks but embrace quick commerce platforms: Why?

Investors shy away from FMCG stocks but embrace quick commerce platforms: Why?

TheSpuzz Desk07 mins

Source: Live Mint Hiren Ved, director and chief investment officer at Alchemy Capital Management, noted that investors are increasingly moving away from traditional FMCG stocks. “They are turning to aggregators and e-commerce platforms, particularly quick commerce, which sell both discretionary as well as non-discretionary consumer items as it provides a better proxy for growth as…

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