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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 Shares Surge 14%, Stock Price Up 40% From Listing Date
Swiggy is making strides toward profitability, with Axis Capital forecasting an adjusted EBITDA of Rs 390 crore by FY27, a remarkable turnaround from a projected loss of Rs 1,840 crore in FY24. This improvement is attributed to: Cost optimisation across fixed and variable expenses.
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.
India Today on MSN
10h
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 ...
Hosted on MSN
8h
NBCC Share Price Target 2024: Navratna PSU bags Rs 490 cr order! Aims for 1 lakh cr order book by 2025 - Stock to hit Rs 120 levels?
Ltd, a state-owned company, announced on Monday that it has received work orders totalling roughly Rs 490 crore across ...
12h
on MSN
What has to happen for the Vodafone share price to hit £1?
Continuing to be frustrated by the Vodafone share price, our writer considers what the company has to do for the stock to reach 100p again. The post What has to happen for the Vodafone share price to ...
5h
TCS Share Price Live Updates: TCS wraps up trading at Rs 4415.2
Discover the TCS Stock Liveblog, your ultimate resource for real-time updates and insightful analysis on a prominent stock.
4d
IQVIA Holdings: Share Price Disconnected From Growth Outlook
IQVIA continues to outperform earnings expectations, despite a 14% stock decline. Check out my rating on the stock.
4d
Anil Ambani-owned Reliance Power share price hits 5% upper circuit after subsidiary wins 930 MW order from SECI
Reliance Power share price has delivered strong returns, with the stock up more than 20% in one month and 55% in three months ...
5h
Sun Pharma Share Price Live Updates: Sun Pharma ends the day with a slight dip
Join us on the Sun Pharma Stock Liveblog, your hub for real-time updates and comprehensive analysis on a prominent stock.
Analytics Insight
3d
Reliance Power Share Price Surges 20% in 1 Month, Is It Time to Buy?
Reliance Power shares have recently grabbed investor attention, mainly because of its strong stock performance and strategic ...
24/7 Wall St
2d
SoFi Technologies (SOFI) Price Prediction and Forecast 2025-2030
SoFi Technologies (NASDAQ: SOFI) made its public debut on June 1, 2021, through a merger with a special purpose acquisition ...
4d
Idaho Strategic Resources: Attractive Share Price With Gold Prices And Production Increasingly In Handy
Rising gold prices, production, and strategic rare earth assets position IDR for further growth potential and reduced cost.
Hosted on MSN
2h
Varun Beverages share price: PepsiCo bottler acquires 39.93% stake in THIS company
Shares of Varun Beverages Limited closed flat on BSE at Rs 645.60 apiece. The scrip opened at Rs 646.55 apiece, against the ...
24/7 Wall St
2d
Microsoft (MSFT) Price Prediction and Forecast 2025-2030
Everyone knows Microsoft (NASDAQ: MSFT) and its best-known products, including the Windows operating system and Microsoft 365 ...
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