Swiggy share

Swiggy share price poised for 20% upside? Axis Capital initiates coverage on stock, highlights competitive position | Stock Market News

TheSpuzz Desk1 month ago08 mins

Source: Live Mint Stock Market Today: Shares of Swiggy climbed over 6 per cent on Monday, December 16 after the brokerage house Axis Capital initiated coverage on the new-age stock with a ‘Buy’ rating and a target price of ₹640, citing a 27 per cent valuation discount to peer Zomato as justified. The target price…

Motilal Oswal initiates coverage on Swiggy, sees 16% upside; here’s what the brokerage says | Stock Market News

TheSpuzz Desk2 months ago09 mins

Source: Live Mint Swiggy, the recently-listed food tech company, has garnered significant attention from leading domestic brokerage firms. After HDFC Securities and JM Financial, Motilal Oswal Financial Services (MOSL) has become the third domestic brokerage to initiate coverage on the stock. The firm believes that Swiggy’s quick commerce business could disrupt consumption patterns in India…

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