Although Swiggy is trailing Zomato in profitability and scale, analysts believe its market position and diverse revenue streams offer potential for long-term growth.
The stock rallied over 7% in the second trading session to hit an intraday high of INR 489.25 on the BSE. However, it shed all its gains and was trading 3.5% lower at INR 440.20 at 1:07 PM.
Swiggy's shares dipped 5.6% after debut, despite a 17% premium. Analysts suggest balancing growth potential with ongoing ...
Zomato may be ahead in the food delivery and quick commerce race, but its high valuation could give Swiggy the perfect chance ...
Beenish Nusrat Khan has been promoted as Manager - Brand Partnerships (Digital Innovations) at Swiggy. She took to LinkedIn to announce her new role. “I’m happy to share that I’m starting a new ...
Indian benchmarks, the Nifty 50 and the Sensex, failed to stage a recovery, thereby extending losses to the sixth straight ...
Swiggy, the food and grocery delivery company, experienced a successful stock market debut on Wednesday. Shares opened at a 7 ...