
Zomato shares reduce 5%, analysts raise concerns over rising competition; Swiggy also slips nearly 2%
Zomato Share Price: Zomato shares fell 5% to ₹264.85 per share on the NSE after global brokerage firm Jefferies raised concerns over rising competition in the quick commerce space.After Zomato’s shares more than doubled in value in 2024, analysts at Jefferies forecast that 2025 could be a breather year, with the stock possibly shifting gears…