TechCrunch5d
Swiggy, 2024’s biggest tech listing, falls below its IPO price and 2022 valuation
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 ...
inc424d
Swiggy Enters The Cauldron
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 ...
The Financial Express6d
Swiggy shares plunge 8%. 2 reasons why stock is falling…
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 ...
Mint6d
Swiggy share price slumps over 7%, slips below IPO price as Q3 loss widens. Should you buy, sell or hold?
Swiggy share price fell 7.4% after announcing a consolidated loss of ₹799.08 crore for Q3 2024, up from ₹574.38 crore last year.(Pixabay) Sriharsha Majety, the MD & Group CEO of Swiggy ...
Reuters8d
India's Swiggy reports wider loss as competition fuels investment surge
Feb 5 (Reuters) - India's Swiggy (SWIG.NS), opens new tab reported a wider quarterly loss on Wednesday, as the online platform poured money into its quick commerce business to compete with rivals ...
Your Story8d
Swiggy's quick commerce profit margins hurt as expansion, discounts take precedence
Food delivery player Swiggy's executives reasoned that the worsening contribution margins of its quick commerce arm, Instamart, was due to its focus on store expansion. The company saw its ...
Business Line6d
Swiggy shares end 7% lower, brokerage cut target prices
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 ...
Reuters7d
India's Swiggy slumps to record as quick-delivery push hits margins, deepens loss
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 ...
moneycontrol.com7d
Swiggy Q3 results: Net loss widens 39% to Rs 799 crore
Food delivery platform Swiggy Ltd on February 5 reported that its net loss widened 39 percent to Rs 799 crore in the quarter ended December 31, 2024, regulatory filings showed. It reported a net ...
Mint7d
Swiggy Q3 Results: Net loss widens to ₹800 crore, revenue up 31% YoY; Quick comm revenue surges 114% YoY
Swiggy Q3 Results: Net loss of the food and grocery delivery platform widened to ₹800 crore in the December quarter of FY25; Pic by Hemant Mishra/mint EBITDA is an alternate measure of ...
Business Line7d
Swiggy’s net loss widen to ₹799 cr, revenue up by 31%
Food delivery platform Swiggy’s net loss widened 39 per cent to ₹799 crore for the quarter ended December 31, 2024. It reported a net loss of ₹574 crore in the year-ago period. The revenue ...