STOCKS | Indian Food Delivery Shares Decline Amid Cooking-Gas Shortage

Shares of Indian food delivery companies experienced a decline following warnings from restaurants about potential disruptions in operations due to a cooking-gas shortage. Bloomberg posted on X that the shortage was triggered by the ongoing conflict in the Middle East, which has affected the supply chain. The situation has raised concerns among restaurant owners, who rely heavily on cooking gas for their daily operations. As the conflict continues, the impact on the food delivery sector is expected to persist, potentially affecting service availability and delivery times. The shortage has prompted industry stakeholders to seek alternative solutions to mitigate the disruption and ensure continuity in service.