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Eternal, Swiggy, Nykaa, Delhivery, Matrimony, IndiaMart, Blackbuck & More Q1 Results Preview— ICICI Securities
ICICI Securities remains bullish on Swiggy, Eternal and Delhivery are key picks for Q1 FY26.
11 Jul 2025, 07:00 AM IST 
Internet sectors performance marketing spends have remained comparatively muted(Photo source: Brett Jordan/ Usplash)
ICICI Securities estimates Swiggy should marginally gain share in food delivery business. Its channel checks indicate e-comm volume growth is accelerating from the lows of FY24/25. Delhivery is likely to be a key beneficiary of this trend. Eternal and Delhivery are key picks for Q1 FY26. The brokerage remains bullish on Swiggy.
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