Year 2024-25: Zomato, Swiggy, Rebel Foods
This is first of a series of posts looking at how the year appears astrologically for various business firms. I plan to look mostly at start-ups from around the world, but occasionally I will also look at big, well-established firm or companies in the news. This is not an astrological analysis of a firm's valuation or stock price.
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Companies/brands discussed: Zomato, Swiggy, Rebel Foods (all based in India and in the online food delivery sector)
General validity period: Early Mar 2024 to end of Mar 2025
Season published: Northern Hemisphere Spring (end of Mar 2024 to end of Jun 2024)
Predictions
Company: Zomato
- The stock price of the company may show volatility and overall a strongly bearish direction.
- There may be trouble from a regulatory/governmental agency. This may happen because of the company's relations with its workers and employees. A lawsuit cannot be ruled out.
- The company may face serious issues related to finances and/or debt.
- However, the year has one silver lining: the company may corner more market share with respect to its main competitors.
Company: Bundl Technologies (dba Swiggy)