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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 rises 5% as CLSA initiates coverage, sets target at Rs 708 per share
The surge in Swiggy’s stock came after global brokerage CLSA initiated coverage on the company with an ‘outperform’ rating and set a 12-month price target of Rs 708 per share. This represents a 31.7 per cent upside from the previous close of Rs 537.5 per share on the BSE.
CLSA initiates coverage on Swiggy with bullish outlook, sees 32% upside on growth potential
International brokerage CLSA was among the latest to initiate coverage on recently-listed food delivery player Swiggy Ltd. The brokerage issued a bullish 'outperform' call, seeing a target price of Rs 708 per share, indicating a whopping 32 percent upside from current levels.
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
Swiggy shares rose over 6% after the company got its highest price target from CLSA who project an upside of 32%; Check target price
9h
on MSN
Swiggy vs Zomato: CLSA says market too big, enough opportunity for recent stock debutant
The foreign brokerage said it expects Swiggy to lag Zomato in a few parameters, but added that the valuation discount is ...
8h
Former Swiggy CTO Dale Vaz launches stock trading platform Sahi
The platform will compete with market leaders like Zerodha and Groww. According to latest data collated by Motilal Oswal, the ...
4h
Food and grocery delivery firm Swiggy's early moves stir pot in food, qcom
SoftBank-backed food and grocery delivery firm Swiggy’s shares gained 5.6 per cent in the morning session on Tuesday, ...
18m
on MSN
$6-bn market shakeup: Amazon to challenge Blinkit, Zepto, and Swiggy with 15-minute delivery in India
The quick commerce foray has reportedly been in the works for months and is rolling out at a time when Indian consumer ...
cnbctv18
13h
Newsletter | Swiggy gets its highest price target; Is a Tata Sons IPO still in the works? & more
Get the latest Business News, Live Share & Stock Market Updates, Top News from India and across world. Read Top Business News ...
19h
Ex-Swiggy CTO Dale Vaz unveils ‘Sahi,’ a stock trading platform offering data-driven insights
Dale Vaz, the former CTO of Swiggy, and Manish Jain, an ex-VP of Kotak Securities, have launched Sahi, a mobile trading ...
newsbytesapp.com
7h
How to order food for a group on Swiggy
To make a bulk order, open the Swiggy app and select a restaurant. Next, tap the 'Group Order' button in the top right corner. Then, choose to share a QR code or link with your group, have your group ...
8d
Swiggy scales 10-minute food delivery to 400 cities in quick-commerce push
Swiggy, a leading food delivery and quick-commerce app in India, said on Monday that it has expanded its 10-minute food ...
7d
India's Swiggy to deliver positive core earnings by Dec 2025 as quick commerce booms
Indian food and grocery delivery firm Swiggy reported a narrower quarterly loss on Tuesday as the newly listed company saw ...
ET Now on MSN
10h
Swiggy Will Continue To Lag Zomato? Should You Bet On This Trade Right Now? | Business News | ET Now
Swiggy and Zomato are both well-known names in the food delivery industry in India. The article delves into the factors that ...
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