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CLSA, Swiggy and Rs
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 rises 5% after CLSA initiates coverage, sets target at Rs 708 apiece
The target price of Rs 708 per share implies a 31.7 per cent upside from the previous close of Rs 537.5 per share on BSE
Swiggy Share Price Rallies 6% After CLSA Initiates Coverage With Outperform
Since its listing in early November, HSBC Global Research, Bernstein, HDFC Research, Macquarie, Nuvama and Motilal Oswal Financial Services started covering the stock.
Swiggy shares get their highest price target from CLSA who projects a 31% upside
CLSA expects India's quick-commerce industry to grow by 6x over financial year 2024-2027 and Swiggy is likely to be one of the largest beneficiaries of the same.
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 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
4h
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 ...
6d
on MSN
India's Swiggy to deliver positive core earnings by Dec 2025 as quick commerce booms
Swiggy said on Tuesday it expects to post positive core earnings by December 2025, helped by the rapid expansion of its quick ...
7d
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 ...
ndtvprofit
5d
Zomato Vs Swiggy: This Player Has Better Profitability According To Bernstein
Bernstein has kept an 'outperform' rating on Zomato, with a target price Rs 335 per share, which implied a 20% upside from ...
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 ...
newsbytesapp.com
17h
How to redeem a Swiggy Money Voucher Code
The Swiggy Money Voucher Code is essentially a digital coupon that customers can redeem while ordering online. It acts as a ...
Hosted on MSN
2h
Stocks To Buy Today, Brokerages Recommendation: ONGC, Godrej Properties, Swiggy, Divi's Laboratories and more
Shares of several companies including ONGC, Godrej Properties, Swiggy, and Divi's Laboratories, among others, will be in the ...
3h
Brokerage Radar: CLSA backs Swiggy with 'Buy', HSBC downgrades TCS, Tech Mahindra
Check out the latest brokerage calls and analyst comments on the stocks in action today. Our coverage includes Divi's Labs, ...
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