Indian food delivery company Swiggy’s stock fell below both its IPO price and its last private valuation as mounting losses and a wavering market position in quick commerce pressured its margins ...
After a spell of running with the bulls, Swiggy is grappling with bears. The stock fell below its issue price this week and the pre-IPO concerns around overvaluation are finally playing out in the ...
Investors in quick commerce must be prepared for the long haul. However, even patient investors face a tough choice between Swiggy and Zomato. Swiggy Ltd’s food-delivery business saw a ...
Shares of Swiggy plunged 8 per cent before closing 7 per cent lower on Thursday on reporting ₹799 crore loss in the quarter ended December 2024 as against ₹574.3 crore in the corresponding ...
Shares of Swiggy plunged about 8% a record low on Thursday (February 6, 2025), after the company reported a wider third-quarter loss hurt by increased expansion costs to counter rivals Zomato and ...
Image Source : PTI Swiggy incurred a net loss of Rs 574.38 crore in the year-ago period. Swiggy share price today: Shares of food and grocery delivery major Swiggy plunged 8 per cent on Thursday.
Swiggy's widening losses during the December quarter may be owing to the 32 per cent on-year rise in its expenses during the review period. Bernstein also has maintained an 'outperform' call on the ...
Swiggy Ltd reported a widening of losses in the December quarter on intensifying competition in the quick commerce space, sending its shares tumbling 7 per cent in Thursday's trade. The stock hit ...
Food delivery majors Swiggy and Zomato may need to brace for a bumpy ride as growth in food delivery, their core business, seems to be catching a headwind. The two firms, which operate in a ...
Feb 6 (Reuters) - Shares of Swiggy (SWIG.NS), opens new tab plunged about 8% to a record low on Thursday, after the Indian delivery firm's quarterly loss worsened as an expansion of its quick ...
Swiggy share price today, February 06: Motilal Oswal maintained its ‘Neutral’ rating on the stock with a target price of Rs 460. (Image: Imagine.art) Swiggy’s share price plummeted 7.8% to ...
"If investors want to take a call, 60-70 per cent can be a weightage given to Zomato and 30-40 per cent weightage to Swiggy at this point," Tapse added. Zomato shares climbed 2.10 per cent to ...