Daijiworld9m
Swiggy's shares tank for 4th straight day, slip below IPO price
Following a decline for the fourth consecutive day, shares of online food aggregator Swiggy on Friday slipped below its initial public offering (IPO) issue price of Rs 390. According to market experts ...
Swiggy shares fall another 2% to hit new low. Will it hit Macquarie target price of Rs 325?
The stock dropped below its IPO price of Rs 390 in the previous session, ending the day with a 7% loss. Although revenue rose ...
ndtvprofit1d
Swiggy Q3 Review: Quick Commerce Remains Pain Point As Competition Intensifies
UBS maintained a 'Buy' rating on Swiggy stock with a target price of Rs 510, while Macquarie maintained an 'Underperform' ...
Swiggy hits 52-week low on mixed Q3 nos; most brokerages cut target price
Swiggy reported its third quarter (Q3FY25) numbers on February 6, 2025, after market hours. In Q3, the company's consolidated ...
inc421d
Swiggy Instamart’s Q3 Margins Hit By Rising Competition In Quick Commerce
Swiggy Instamart’s contribution margin dropped to -4.6% during the quarter under review (Q3 FY25) from -1.9% in the preceding ...
Swiggy management confident of EBITDA profitability by Q3 FY26
Swiggy aims for EBITDA profitability by Q3 FY26, driven by food delivery growth and quick commerce breakeven. The quick ...
The Financial Express18h
Swiggy, Zomato face rising costs amid slowing growing in food delivery biz
FY25, Zomato’s Blinkit was near break-even, but in Q3, its adjusted Ebitda margins slipped to -1%. Swiggy Instamart’s margins ...
Swiggy Instamart’s delivery on order value, take rate trail Zomato, Blinkit
Investors in quick commerce must be prepared for the long haul. However, even patient investors face a tough choice between Swiggy and Zomato.