Swiggy’s market capitalisation has now fallen below $10 billion, while Gurugram-based Zomato’s valuation slipped under $23 billion. Jefferies recently flagged rising competition in quick commerce, ...
The stocks continued to reel under the effect of their weak performance in the October-December quarter of the current ...
Sensex closed nearly 550 points lower while Nifty ended the day close to 0.80% lower from its previous close, marking the fourth consecutive day of decline ...
Swiggy's slide continues with a 5.22% drop to Rs 361.10, its fifth straight loss, pushing the stock below its IPO price.
Swiggy shares crashed almost 6% to INR 359.00, hitting a fresh 52 week low on the BSE today, a few days after the company ...
The stock has been under pressure as analysts have revised their loss estimates for Swiggy's quick commerce business ...
Swiggy shares tumble over 4% amid investor concerns and IPO lock-in, nearing 52-week low. Discover more insights now!
Higher volatility in the stock could also be attributed to the expiry of the IPO lock-in period for Swiggy shares.
The stock fell 5.77 per cent to hit a low of Rs 359. This was the third session, out of a total five, when the stock plunged ...
To be clear, most brokerages are bullish on Swiggy because of improvements in the food delivery business, where the take rate ...