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Should You Invest In The QSR Related Stocks Now? Are Swiggy & Zomato Worth Buying At Current Prices?

Should You Invest In The QSR Related Stocks Now? Are Swiggy & Zomato Worth Buying At Current Prices?

Sakshi Batra
Sakshi Batra
  • New Delhi ,
  • Dec 8, 2024,
  • Updated Dec 8, 2024, 3:00 PM IST

 

Should You Invest in QSR-Related Stocks? Insights on Swiggy & Zomato by Deven Choksey. As the demand for tech-driven services surges, are Swiggy and Zomato worth adding to your portfolio at their current valuations? Deven Choksey, MD of DR Choksey FinServ Private, shares his expert take on these QSR-related stocks and their future prospects. According to Deven Choksey, these companies have transformed the way people consume services. Zomato, with a massive customer base of 15 crore users, is expanding into diverse areas like food delivery, dining, ticket booking, and B2B ventures. Swiggy, although smaller in scale compared to Zomato, is rapidly catching up. Despite their strong market presence and rising demand, Swiggy is yet to achieve profitability, while Zomato's growing hooks in multiple business segments make it an intriguing prospect. However, Deven Choksey cautions investors about their valuations, stating they are not currently at comfortable levels for immediate investment. Should you wait for better entry points, or is this the time to seize the opportunity? Watch this video to understand the valuation dynamics, growth potential, and expert advice before making your investment decisions. Stay tuned for an in-depth analysis and insights into the future of QSR-related stocks like Swiggy and Zomato!

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