Swiggy share price jumps over 6% after Q2FY25 results. Is it still a stock to buy today?
Swiggy share price jumped over 6% after the food and grocery delivery major reported its earnings for the second quarter of FY25, with a strong growth in revenue and narrowing of losses.
Swiggy Share Price: Stock rallies 7% after stellar Q2 FY25 results, up 37% since IPO price
Swiggy Ltd. shares surged 6.7% on Wednesday, December 4, following the company's strong Q2 FY25 results. The food delivery company's stock is now up 37% from its IPO price.
Swiggy Shares Surge Over 3% After Q2 Results
Swiggy shares closed over 3% higher on Wednesday after the food delivery platform reported a narrowing of its net loss in the second quarter. The company also announced plans to achieve positive adjusted EBITDA by the third quarter of FY26.
Swiggy Share Price Jumps On Strong Q2 Earnings, Revenue Grows 30% YoY, User Base Expands; BUY?
Swiggy’s stock continued its upward trajectory, rising 3% to Rs 517 in early trade today, buoyed by the announcement of its Q2 FY25 results. This rally follows a 1.7% gain yesterday, with the stock closing at Rs 502 ahead of the eagerly anticipated earnings report.
Swiggy Shares Jump 6% After The Foodtech Major Cuts Q2 Loss
Shares of Swiggy jumped over 6% to INR 534.85 apiece on the BSE during the intraday trading today (December 4) after the foodtech major narrowed its consolidated net loss by 4.78%
Swiggy share price zooms 10% to new peak ahead of Q2FY25 numbers, up 39% from IPO price
Swiggy's stock surged 10% to ₹541.95, ahead of Q2FY25 results. Since its IPO, shares have risen 39%. Brokerages like UBS and Motilal Oswal view Swiggy favourably, citing growth potential in quick commerce and a unique all-in-one app approach.
Swiggy share price jumps 7% after Q2 results. Should you buy or avoid?
The new-listed company reported a revenue increase of 11.77% quarter-on-quarter (QoQ) to Rs 3,601.45 crore and a year-on-year (YoY) growth of 30.33%. However, the company posted a consolidated net loss of Rs 625.
Swiggy share price rises 7% on narrowing Q2 losses; revenue soars 30% YoY
Swiggy's consolidated net loss marginally narrowed in the second quarter of financial year 2025 (Q2FY25) to Rs 625.5 crore from Rs 657 crore a year ago
Swiggy Q2 Results & Share Price Highlights: Swiggy narrows loss to ₹625.53 crore, revenue jumps 30%. Shares trade up by 1.2%
Swiggy shares surged on Tuesday, ahead of the company’s Q2 result announcement. This will be the company’s first earnings report since its listing on November 13, 2024.
Swiggy Q2 Results: Net loss narrows to ₹625.5 crore in first earnings post IPO, revenue up 39% YoY
Food and grocery delivery firm Swiggy reported a narrower quarterly loss on Tuesday as the newly listed company saw robust order growth in both its food delivery and quick commerce segments. Swiggy, which made its trading debut on Nov.
Swiggy Q2 Results: Cons loss narrows YoY to Rs 625 crore, revenue jumps 30%
Swiggy's food delivery business nearly doubled profitability, with adjusted EBITDA at Rs 112 crore, a 1.6% margin, and GOV growing 5.6% QoQ to Rs 7,191 crore. The company’s new 10-minute delivery service,
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 ...
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Swiggy’s awe striking revenue surge feeds growth, but losses deepen
MUMBAI: They bring us joy with a click, delivering steaming biryanis, comforting gulab jamuns, and all things delightful, ...
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Swiggy to invest Rs 1,600 Cr in Scootsy Logistics to grow its dark store count
Swiggy informed in its red herring prospectus filed before the IPO that Scootsy will be utilised for opening about 538 dark ...
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Swiggy’s Stock Surges 10% to ₹541.95 Amid Q2FY25 Results: Strong Growth in Quick Commerce
Swiggy share price jumped 10% to end at ₹541.95, a 52-week high on December 3rd 2024. This is in line with the company ...
South Africa's Naspers plans more IPOs in next 18 months after Swiggy success
South African technology investor Naspers said on Monday its Prosus e-commerce subsidiary plans more listings after last ...
Swiggy CEO Sriharsa Majety Reflects On Swiggy's Public Listing And Market Competition
Explore Srihar Majetys insights on Swiggys transition to a public company, IPO challenges, and competitive strategies in the ...
Breaking the “jinx” of confidential IPO filings: Swiggy’s Sriharsha Majety on running a newly listed company
Roughly two weeks after the company went public, Swiggy’s Majety spoke about the differences between running a public and ...
Swiggy to invest Rs 1,600 crore in Scootsy via rights issue, funds for Instamart's expansion and working capital
Swiggy said the subsidiary will get Rs 1,350 crore meant for expansion-related expenditure in the brand Instamart, while Rs ...