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2024-11-13 05:09:12| The Economic Times

Macquarie initiates an 'Underperform' rating on Swiggy, giving it a target price of Rs 325. They believe that while Swiggy has growth potential, profitability remains a challenge, particularly in the quick commerce segment. Swiggy's IPO, meanwhile, saw a decent subscription rate and is set to debut on the stock exchange.

Category: News and Media

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2024-11-13 04:58:10| The Economic Times

Vivek Ramaswamy, a self-made billionaire, made his fortune in biotech. He founded Roivant Sciences, a company that develops pharmaceuticals. Ramaswamy also invests in technology and cryptocurrency. He entered politics with a focus on economic philosophy. He advocates for "excellence capitalism." Ramaswamy founded Strive Asset Management, an investment firm. He is known for his modest lifestyle despite his wealth.

Category: News and Media

2024-11-13 04:21:31| The Economic Times

Brokerage firm Macquarie has placed an underperform rating on Zomato, signaling caution on the stock. In contrast, Citi has upgraded Ramco Cements to a "Buy" rating, reflecting optimism about the company's prospects.

Category: News and Media

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14.11 HDFC Securities initiates coverage on Swiggy, sets target price of Rs 430 14.11 Gold will eventually get its shine back, but now its all about dollar: Jonathan Barratt 14.11 Pakistan: PIA likely to be sold to a foreign government via SIFC 14.11 Bangladesh Attorney General calls for major constitutional changes, wants 'secularism' removed 14.11 Jio Financial Services shares surge over 6% on inclusion in F&O segment 14.11 Key Eurasian states take a major step on green energy at Baku COP 14.11 PI Industries shares nosedive 9% as Q2 results disappoint Street 14.11 1 million migrants in the US rely on temporary protections that Trump could target More »