Swiggy shares fall another 2% to hit new low. Will it hit Macquarie target price of Rs 325?
The stock dropped below its IPO price of Rs 390 in the previous session, ending the day with a 7% loss. Although revenue rose by 31% YoY, Swiggy's Q3 loss grew to Rs 799 crore.
Swiggy shares end 7% lower, brokerage cut target prices
Shares of Swiggy plunged 8% in early trade on Thursday on reporting ₹799 crore loss in the quarter ended December 2024 as against ₹574.3 crore in the corresponding quarter previous year.
Swiggy Share Price Drops 7% As Loss Widened to Rs.800 Cr | Latest Target Price from Analysts
Shares of Swiggy fell more than 7% on Thursday after the food delivery giant's losses widened for the october-december quarter. Swiggy announced its December quarter results for fiscal 2024-25 (Q3FY25) on Wednesday,
Swiggy shares tumble nearly 8 pc; hit 52-week low as Q3 loss widens
Shares of food and grocery delivery major Swiggy on Thursday dropped nearly 8 per cent after the firm reported widening of consolidated loss to Rs 799
Swiggy shares crack 7% to 52-week low as Q3 loss widens. Should you buy, sell, or hold?
Swiggy shares fell 7.4% to a 52-week low of Rs 385.25 following a consolidated loss report of Rs 799 crore for the December quarter, despite a 31% rise in revenue. Analysts have mixed outlooks; UBS maintains a 'Buy' rating,
Swiggy share price slumps over 7%, slips below IPO price as Q3 loss widens. Should you buy, sell or hold?
Swiggy share price fell 7.4% after reporting a third-quarter loss of ₹799.08 crore. Total expenses increased significantly, but revenue rose to ₹3,993.06 crore, indicating growth amid competitive pressures and investments in quick-commerce.
Swiggy Share Price: Rs 799 crore loss in Q3; BUY, SELL or HOLD?
Brokerages have given mixed ratings on the shares of Swiggy Limited. The food and grocery delivery major has announced results for the third quarter of the financial year 2024-25.
India's Swiggy slumps to record as quick-delivery push hits margins, deepens loss
Shares of Swiggy plunged about 8% to a record low on Thursday, after the Indian delivery firm's quarterly loss worsened as an ...
Your Story17h
Swiggy's Q3 loss widens by 39% as quick commerce expenses pile up
December quarter, Swiggy witnessed a stable increase in topline as well as an increase in expenses, dragging its P&L further ...
Stay away from Zomato, Swiggy for now; chemicals look well poised to deliver in 2025: Mayuresh Joshi
Mayuresh Joshi highlights potential growth in the chemical and agrochemical sectors in 2025 due to favorable conditions and ...
India's Swiggy hits record low on wider quarterly loss
Shares of Swiggy plunged about 8% a record low on Thursday, after the company reported a wider third-quarter loss hurt by ...
The Financial Express14h
Swiggy, Zomato face rising costs amid slowing growing in food delivery biz
FY25, Zomato’s Blinkit was near break-even, but in Q3, its adjusted Ebitda margins slipped to -1%. Swiggy Instamart’s margins ...
'Never helping anyone again': New Swiggy scam surfaces as customer loses Rs 10K to delivery agent's fake accident story
A Swiggy customer, was conned out of Rs 10,000 by a Swiggy delivery agent who faked an accident to gain sympathy and ...
Swiggy shares plunge as Q3 loss widens, trade below listing price - Check details
Meanwhile, the 30-share BSE benchmark Sensex climbed 280.38 points to 78,551.66 in early trade. The NSE Nifty went up 77.25 ...
ndtvprofit1d
Swiggy Q3 Review: Quick Commerce Remains Pain Point As Competition Intensifies
UBS maintained a 'Buy' rating on Swiggy stock with a target price of Rs 510, while Macquarie maintained an 'Underperform' ...
Swiggy Q3 Results: Net loss widens to ₹800 crore, revenue up 31% YoY; Quick comm revenue surges 114% YoY
Results: The newly listed food aggregator’s revenue from operations in the third quarter of the current fiscal rose 31 per ...
The Financial Express23h
Swiggy shares plunge 8%. 2 reasons why stock is falling…
Swiggy shares drop 8% amid profit decline and store expansion woes. Explore market expectations and future forecasts.