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Swiggy, Axis Capital
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 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 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.
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
India Today on MSN
9h
Swiggy share price hits all-time high today. Here's what drove the rally
Swiggy made its stock market debut on November 13, listing at a 7.69% premium. The stock opened at Rs 420 per share on the ...
MediaNama
7h
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.
15h
on MSN
Swiggy shares at Rs 640? 5 reasons why the stock is a 'Buy', Zomato comparison & more
Swiggy shares rose 2.88 per cent to hit a high of Rs 547.35. The Zomato stock was up 0.76 per cent at Rs 290.60.
13h
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 ...
NewsX
11h
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 ...
9h
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
9h
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 ...
5h
Swiggy workers launch strike demanding rate revision and insurance
Food delivery workers attached to online food delivery aggregator Swiggy went on strike in Thiruvananthapuram and Kozhikode demanding, among other things, revision in their rate cards and provision of ...
Fortune India
12h
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 ...
6h
on MSN
Zomato and Swiggy and Zepto - Please, Don't ...: Bombay Shaving Company CEO Shantanu Deshpande
Bombay Shaving Company CEO Shantanu Deshpande has slammed the ultra-fast food delivery trend, cautioning against a looming ...
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