Swiggy, Axis Capital

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 to a new all-time high during the December 16 trading session.
Swiggy share price poised for 20% upside? Axis Capital initiates coverage on stock, highlights competitive position
Axis Capital views Swiggy as a strong investment opportunity, citing its growth in quick commerce and food delivery. The brokerage projects significant revenue growth, improved profitability, and strategic restructuring,
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, with a 'Buy' rating and a target price of Rs 640 per share
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.
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 workers call off strike after min Sivankutty promises to hold talks
A group of Swiggy delivery workers who launched an indefinite strike in the state capital on Monday called it off a few hours ...
Zomato, Swiggy shares in focus as GST council considers cutting food delivery GST to 5%
Shares of Zomato and Swiggy are likely to remain in focus due to the GST Council's potential tax cut on food delivery charges ...
MediaNama18h
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.
NewsX21h
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 ...
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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 ...
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 ...
Bombay Shaving Company CEO's appeal to Swiggy, Zomato on processed food & lightning fast delivery
Shantanu Deshpande also touched on the addictive nature of cheap, fast food, pointing to the availability of affordable junk ...
Zomato Set for Index Inflow as Swiggy Soars Post IPO
Before the trading day starts we bring you a digest of the key news and events that are likely to move markets. Today we look ...
Stocks in news: HDFC Bank, Swiggy, Vedanta, Zomato, Mindspace REIT, Religare Enterprises
GST Council, chaired by the federal finance minister, may lower the tax on food delivery charges by e-commerce operators to 5 ...