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CLSA, Swiggy
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 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.
4d
on MSN
Swiggy plans fee hike for Instamart, eyes higher take rate from grocery delivery business
Swiggy’s CFO Rahul Bothra told reporters that it plans to increase fees for its grocery delivery service, Instamart, with the ...
6d
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 ...
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.
inc42
6d
Swiggy Instamart’s Q2 Revenue Zooms 136% YoY To INR 490 Cr
Swiggy’s quick commerce business saw its operating revenue surge 135.7% to INR 490 Cr in Q2 FY25 from INR 208 Cr in the ...
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 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 ...
inc42
3d
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 ...
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 ...
11d
Swiggy Instamart to the rescue: Bengaluru techie shares how the grocery service saved his wedding day
Bengaluru tech professional Ramnath Shenoy faced a pre-wedding predicament when he forgot his Haldi ceremony kurta. Swiggy ...
India Today on MSN
6d
Swiggy likely to increase delivery charge on Instamart orders: Report
Currently, Swiggy subsidises delivery fees through its loyalty program, Swiggy One, and discounts for new users. While ...
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