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Swiggy, Axis Capital
Swiggy shares at Rs 640? 5 reasons why the stock is a 'Buy', Zomato comparison & more
Shares of Swiggy Ltd climbed 3 per cent in Monday's trade after a Business Today report suggested that a GST clarification on input tax credit for Electronic Commerce Operators (ECOs) such as Swiggy Ltd and Zomato Ltd are likely soon.
Axis Capital saw a 20% upside in Swiggy shares; The stock ended 12% higher on Monday
Axis Capital expects Swiggy's revenue to grow at a Compounded Annual Growth Rate (CAGR) of 38% over financial year 2024 - 2027 with food delivery and quick commerce growing at a 23% and 84% CAGR during the same period.
Swiggy shares hit all-time high as Axis Capital sees 20% upside; stock up 40% since listing
The analysts at the brokerage tagged a 'BUY' recommendation on the shares of the company, seeing a 20 percent upside potential.
4 reasons why Axis Capital backs Swiggy for Rs 640 stock price
Axis Capital initiated coverage on Swiggy with a ‘buy’ rating and a ₹640 target, indicating a 20% upside. The brokerage cites strong food delivery and quick commerce growth, a 38% projected revenue CAGR,
Swiggy share jumps 4% as Axis Capital initiates with 'Buy', sees 20% upside
The northward move in the Swiggy share price came after the domestic brokerage Axis Capital initiated coverage on Swiggy, with a 'Buy' rating and a target price of Rs 640 per share
MediaNama
14h
Earnings Call: Swiggy Bets on Bolt, Dark Stores to Drive Growth
Initially operational in six cities, earlier this month Swiggy announced the expansion of Bolt to 400 cities including Tier 2 ...
6h
Swiggy Stock Hits Record High After Axis Capital’s ‘Buy’ Call
Axis Capital's optimistic assessment of the massive food delivery and quick-commerce company propelled Swiggy's share price ...
NewsX
13h
Swiggy Launches ‘Scenes’ For Event Ticket Booking, Details Here
Swiggy, one of India’s leading food delivery platforms, has launched a new service called ‘Scenes’ as part of its Dineout ...
MediaNama
10h
Swiggy Launches Live Events Vertical ‘Scenes’, Takes on Zomato’s ‘District’
Scenes' as a service is available within the Swiggy app alongside other offerings such as Instamart, Dineout, and Genie.
16h
Swiggy 'Scenes' launched for event ticket bookings: All you need to know
With the launch of Scenes, Swiggy is not just targeting food delivery but also positioning itself as a comprehensive ...
12h
on MSN
Swiggy shares zoomed 15% to hit record high level; more steam left?
The stock today surged 14.99 per cent to hit an all-time high of Rs 612.30. It eventually settled 11.70 per cent at Rs 594.80 ...
english.mathrubhumi
12h
Swiggy workers go on strike; Online food delivery disrupted
Swiggy delivery workers in Kozhikode launched an indefinite strike, demanding better wages, incentives and working conditions ...
17h
Swiggy share jumps 9%, hits record as Axis Capital initiates with 'Buy'
The northward move in the Swiggy share price came after the domestic brokerage Axis Capital initiated coverage on Swiggy, ...
17h
Swiggy shares rise nearly 2% after Axis Capital initiates ‘buy’ rating
Swiggy shares jump 2 percent as Axis Capital sets Rs 640 target, highlighting growth in food delivery and quick commerce ...
Fortune India
15h
Axis forecasts Swiggy's revenue to grow at 38% CAGR between FY24 and FY27
Shares of Swiggy Ltd rose as much as 6.18% in intraday trade on Monday after Axis Capital initiated coverage on the stock ...
12h
'Zomato, Swiggy, Zepto please, don't...': Bombay Shaving Company CEO urges quick food delivery companies to do this...
CEO of Bombay Shaving Company, Shantanu Deshpande has raised concerns over the growing addiction of quick food delivery in ...
ET Now on MSN
16h
Block Deal: Swiggy share price rallies 6%; gets BUY call
Swiggy
Share Price Target 2025:
Swiggy
share price on Monday zoomed more than 6 per cent on the back of a block deal. The ...
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