GST will reduce. It will be reduced from 18 percent to only 5 percent. Shares of Swiggy and Zomato got rocket wings.

Recently, the GST Council has taken a big decision that now the GST applicable on food delivery will be reduced from 18% to 5% Will be done. This change may be implemented soon.

Impact on food delivery platforms

This change especially Zomato And Swiggy Like it is for food delivery platforms. This can make delivery cheaper for customers, because now GST on delivery will be the same rate as on eating food in restaurants. However, the platforms may also suffer a disadvantage because less GST with they input tax credit Will not be able to take it, due to which their operational expenses may increase.

Impact of Zomato and Swiggy on stock market

The impact of this decision is already visible on the stock market:

• Zomato Shares of 1% jump Took and increased by 136% in a year.
• Swiggy There was a slight decline in the shares, but 38% increase after listing in November 2024 Was seen.
• Axis Capital by Swiggy Is recommended “Buy”, and it Rs 640 per share The target price is given.

What are Zomato and Swiggy doing?

Zomato and Swiggy continuously delivery time to reduce and customer experiences Focusing on improving. Swiggy has “Bolt” Has started the service, which promises fast delivery. Zomato is also working on adding more restaurants to its platform.

Swiggy also “One BLCK” As premium subscription has been launched, in which fast delivery And special benefits see you. Zomato also with reduction in delivery time platform consumption Is succeeding in increasing.

So, overall, these changes will bring relief to customers, but may pose a bit of a challenge for food delivery platforms.