ADVERTISEMENT

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.

<div class="paragraphs"><p>Internet sectors performance marketing spends have remained comparatively muted(Photo source: Brett Jordan/ Usplash)</p></div>
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.
To continue reading this story
You must be an existing Premium User
OUR NEWSLETTERS
By signing up you agree to the Terms & Conditions of NDTV Profit