Swiggy’s share price had a robust debut on the NSE, opening at Rs 420 per share—up 7.69% from its issue price of Rs 390. In ...
Brokerage firm Motilal Oswal has initiated coverage on Swiggy with a ‘neutral’ rating, days after the company’s mega $1.3 Bn ...
Further risks cited by MOFSL are Swiggy's limited ability to expand margins in food delivery and quick commerce businesses, which could delay valuation re-rating, and intense competition in food ...
Food delivery and quick commerce player Swiggy has got a Neutral rating from Motilal Oswal, which initiated coverage on ...
Swiggy’s stock debut has drawn investor attention amid its rivalry with Zomato. Analysts favour Zomato for its market leadership, while cautioning that competition from other sectors may impact ...
Motilal Oswal initiated coverage on Swiggy, assigning a Neutral rating and a target price of ₹475. The firm views Swiggy's ...
In food delivery, Zomato has 58% of the market, compared with Swiggy's 34% share. Zomato's food delivery business accounts ...
NTPC Green Energy Ltd. allocated 36.66 crore shares to 107 anchor investors at Rs 108 each, including LIC, which secured a Rs 500 crore stake. The IPO aims to raise Rs 10,000 crore via a fresh issue.
While Zomato currently holds the lead in food delivery and quick commerce businesses, MOFSL said Swiggy’s all-in-one app strategy enables strong cross-utilisation across services and better ...
Amid the current phase of market volatility, veteran investor Samir Arora is bullish on new-age platform companies, including food delivery aggregators Zomato Ltd. and Swiggy Ltd., along ...