Zomato & Swiggy Stocks Surge: What’s Driving the Quick Commerce Rally?
- Stay Informed With Sanil | Sanil Pinto
- Jul 22
- 4 min read
Are you tracking the latest Zomato stock price news or curious about the current Swiggy stock analysis? You’re not alone. India’s leading food delivery platforms—Zomato and Swiggy—are making headlines, and for good reason.
Both stocks have seen a strong surge in investor interest, thanks to the rapid rise of quick commerce in India, standout quarterly performances, and increasingly bullish analyst outlooks. But what’s really powering this rally—and how should investors interpret the momentum?
What’s Driving Zomato’s Stock Price Surge?
The Zomato stock (listed under Eternal) recently soared to all-time highs, catching the attention of retail investors and institutional analysts alike.
🔹 Strong Numbers Despite Profit Dip
While the company posted a year-over-year dip in profit, the overall quarterly results beat Street expectations, driven by a stellar performance in its Blinkit division.
🔹 Operational Efficiency on the Rise
Cost controls and back-end optimizations are helping Zomato gradually improve its margin profile—a key factor behind the positive shift in sentiment.
🔹 Analyst Sentiment Turns Bullish
Following the results, several brokerages upgraded their price targets for Zomato. Bernstein, for instance, revised its target to ₹320. The consensus target is now ₹284.5, with a range between ₹150 and ₹375. Most analysts recommend a Buy, with a few holding neutral views.
The Blinkit Factor: Quick Commerce Drives Zomato’s Growth
Zomato’s surge is deeply tied to the success of Blinkit, its quick commerce subsidiary.
📦 Quick Commerce Growth in India
Blinkit’s sales growth significantly outpaced Zomato’s core food delivery business in the last quarter, positioning it as the company’s primary growth engine.
📊 Market Share Expansion
Zomato’s aggressive investment in Blinkit—from warehouse infrastructure to faster delivery capabilities—has paid off. The result? A sharp rise in order volumes and higher customer retention.
🌟 Blinkit Performance Update
Today, Blinkit holds a meaningful share in India’s growing quick commerce landscape. Analysts are calling it one of the most successful executions in this highly competitive space, beating out some of its better-capitalized rivals.
Swiggy Stock Price Gains on Sector Sentiment and Bolt Rollout
Now that Swiggy is a publicly listed company, its stock has climbed above its IPO price, reflecting strong investor enthusiasm. Interest in Swiggy has increased substantially, with positive sentiment further boosted by Zomato’s impressive performance and the robust momentum in India’s quick commerce sector.
🔁 Positive Spillover Effect
Zomato’s strong numbers led to sector-wide optimism, and Swiggy has benefited from this rising tide. Analysts believe the entire food delivery and quick commerce ecosystem in India is entering a new growth phase.
⚡ Bolt Expansion: Fast and Focused
Swiggy’s 10-minute delivery platform, Bolt, continues to expand across major Indian cities. This move is seen as a strategic differentiator and a serious challenge to Blinkit’s dominance.
🧩 Sector Resilience & Consumer Behavior
Indian consumers are embracing quick commerce models at scale. The demand for hyper-local, ultra-fast deliveries is rising steadily, further justifying Swiggy’s investments in infrastructure and technology.
Analyst Targets: Zomato and Swiggy Stock Projections
Wondering how far these stocks can go?
Stock | Target Price Range | Consensus/Median Target (₹) | Analyst Sentiment |
Zomato | ₹150 – ₹375 | ₹284.5 (30 analysts); ₹320 (Bernstein) | Mostly Buy |
Swiggy | ₹260 – ₹740 | ₹422.95 (INDmoney); ₹433.33 (TradingView) | Mostly Buy |
Upside Potential
Both Zomato and Swiggy stocks show a projected 8–10% upside if current growth trends continue. However, analysts caution that these are high-growth, high-volatility plays, not without risks.
What Should Investors Know?
Before jumping in, here are a few critical points to evaluate:
Zomato Stock Price News: Strong growth from Blinkit and tighter cost control measures are driving long-term confidence.
Swiggy Stock Analysis: The stock has rebounded with strong momentum after Bolt’s aggressive rollout and rising investor sentiment.
Quick Commerce Growth in India: This sector is hot—but highly competitive, capital-intensive, and still evolving.
Blinkit Performance Update: Blinkit is becoming a true differentiator for Zomato, but sustaining this momentum will require ongoing operational excellence
Summary: Balancing Optimism and Risk
There’s real momentum behind Zomato and Swiggy stocks—and it's largely fueled by the quick commerce growth story unfolding in India.
Zomato’s Blinkit and Swiggy’s Bolt are redefining how products are delivered in urban India. If they execute efficiently and manage cash burn, they could unlock significant long-term value for shareholders.
But this remains a competitive, fast-moving space. Investors should stay optimistic—but cautious—especially given the capital requirements and execution risks inherent in scaling quick commerce.
What Are Your Views?
Do you see this rally sustaining? Are you betting on quick commerce for the long term?
We’d love to hear your perspective.👉 Write to us at info@wiremeshin.com
About The Author:
Sanil Pinto - Stay Informed With Sanil
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I started Wiremesh in 2010 to bring practical, insightful, and personalized financial advice to individuals and businesses. In 2018, Silicon India Magazine recognized our work by naming Wiremesh among the 10 Most Promising Investment Planning Companies.
Before founding Wiremesh, I worked with global BFSI leaders like HSBC and Barclays, where I led key business verticals and helped create substantial wealth across diverse portfolios.
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Disclaimer
This article is for informational purposes only and does not constitute investment advice. Investing in shares carries significant risk, including loss of capital, illiquidity, and valuation uncertainty. Readers are strongly encouraged to consult a SEBI-registered financial adviser before making any investment decisions. The information provided is based on publicly available data and sources believed to be reliable as of the date indicated, but may change without notice.
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