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CLSA, Swiggy
Swiggy share price jumps 6% as CLSA initiates ‘outperform’ rating on the stock, sees 32% upside
CLSA has initiated an ’outperform’ rating on Swiggy stock with a target of ₹708, suggesting a 32% upside. Following the report, the stock rose 5.6% to ₹567.80, showing strong investor interest.
Swiggy shares climb over 5% after CLSA initiates coverage with buy rating, sees TP at Rs 708
Swiggy's shares surged after CLSA initiated coverage with a Rs 708 target price, citing significant growth potential in food delivery and quick commerce. CLSA expects Swiggy's execution to improve, leading to accelerated growth and profitability.
Swiggy Shares Rise 5% On CLSA Initiates Coverage With Buy Rating, Predicts 32% Upside
Shares of food and grocery delivery firm Swiggy surged by as much as 5.6%, reaching Rs 567.80 on Tuesday, following an initiation of coverage by global brokerage CLSA, which set a target price of Rs 708.
6d
on MSN
Swiggy plans to add over 430 Instamart dark stores by March, eyes contribution break-even next year
The firm plans to take quick commerce dark store count from 609 to 1046 by March 2025; targets consolidated group-level ...
5d
on MSN
Swiggy’s Instamart pushes for higher average order value; analysts say metric's growth key to improve profitability
Swiggy Instamart's average order value (AOV) of Rs 499 has come in low compared to its competitors like Blinkit and Zepto.
7d
Swiggy Loss Weighed by Instamart, Expects Operating Profit by End-2025
Food delivery platform Swiggy Ltd. posted a smaller quarterly loss and said it expects to become profitable by the final ...
DesiDime.com
6d
Swiggy Instamart Delivery Charges to Increase Soon?
Swiggy Instamart Delivery Charges to Increase Soon? After raising food delivery charges, Swiggy may increase Instamart prices ...
7d
on MSN
Swiggy Instamart at an inflection point amid rising competition: CEO Sriharsha Majety
Swiggy's quick-commerce arm Instamart is expanding its dark store network and doubling its store count to stay competitive in ...
6d
on MSN
Swiggy Instamart to increase delivery fees; here’s what CFO Rahul Bothra told analyst
Bengaluru-based Swiggy is planning to increase delivery fees on Instamart orders, reports Money Control. The report quotes ...
6d
on MSN
Swiggy to increase Instamart delivery charges? Here's what we know
At the moment, delivery is free only for Swiggy One (the loyalty programme) users while others have to pay a fee ...
inc42
4d
Swiggy, Flipkart’s Growth Pill: Will Quick Commerce Disrupt Pharmacies Next?
Swiggy, Flipkart Minutes, Tata BigBasket have all launched 10-minute medicine deliveries. What's quick commerce's fascination ...
abp LIVE
5d
Swiggy Considering A Hike In Delivery Fees On Instamart Platform
Rahul Bothra, CFO, told analysts on Tuesday that the online delivery firm is planning to hike the delivery fee charged to its ...
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