Debate intensifies over whether Swiggy or Zomato offers better investment in India's booming food delivery market.

Shares of the food and quick-commerce platform got listed at a premium of 7.69 per cent at Rs 420 as against their issue price of Rs 390. The stock eventually climbed 15.13 per cent to touch a day-high value of Rs 449.

Although Swiggy is trailing Zomato in profitability and scale, analysts believe its market position and diverse revenue streams offer potential for long-term growth.