After starting to cover Swiggy on Thursday, December 19, brokerage firm JPMorgan stated that the company’s shares, which have already increased by about 50% from their IPO price of ₹390, still have more space to run. With a target price of ₹730, the brokerage now has a “buy” rating on the food delivery aggregator. A … Read more
Global investment behemoth Prosus has made $2 billion from its entire stake in foodtech company Swiggy, which debuted on the public exchange today (November 13) at a $11.3 billion value. After selling a portion of its ownership in the Sriharsha Majety-led company, Prosus, Swiggy’s largest stakeholder, sold $500 million worth of shares during the initial … Read more
Swiggy, a food delivery and quick service firm, rose 16.92% from its initial price of Rs 390 to end at Rs 456 on Wednesday. Furthermore, the company’s market value surpassed one lakh crore. At Rs 420, the company’s shares had their NSE debut, representing a 7.69% rise above the issue price. In the meantime, the … Read more
Swiggy Share Price Target From 2024 to 2030: Swiggy is one of the more prominent online food delivery brands in India. Over the years, growth of Swiggy has been phenomenal and continues to expand across India. Recently, it issued its Initial Public Offering (IPO) and has led to many curiosity queries among investors and market … Read more
