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Source: Live Mint Domestic brokerage firm HDFC Securities has upgraded Swiggy to a ‘Buy’ from its earlier ‘Reduce’ rating, even as the food delivery and quick commerce platform reported a steep increase in losses for the March 2025 quarter. While the brokerage trimmed its target price slightly to ₹400 from ₹410 earlier, the revised estimate…
Source: Live Mint Swiggy share price surged over 12% on Monday following the announcement that its quick-service food delivery vertical, Bolt, has expanded operations to more than 500 cities across India. The development comes just a day after rival Zomato revealed plans to shut down its 10-minute food delivery service, Instant (formerly Quick), citing limited…
Source: Live Mint But for those with a long-term vision, downturns often present rare opportunities. From resilient IT firms to powerhouses in finance, energy, and consumer markets, some high-quality stocks are now trading at attractive valuations. Here are five stocks that could stand out for value investors seeking long-term gains. Persistent Systems Persistent System ,…
Source: Live Mint Stocks to buy during IPL 2025: The Indian Premier League (IPL) will begin today at Kolkata with the first IPL 2025 encounter between the Kolkata Knight Riders (KKR) and Royal Challengers Bengaluru (RCB). The cricket carnival will last for 65 days (from 22 March 2025 to 25 May 2025), and during this…
Source: Live Mint Indian new-age tech stocks, known for their premium valuations, have become less appealing to investors as risk-off sentiment grows amid global uncertainty following Donald Trump’s tariff announcement, which could potentially trigger a new trade war. The entire domestic market has been under severe stress in recent months, weakening further in February, sending…
Source: Live Mint Indian Stock Market: The recent sell-off in the Indian stock market has spared no one, including the new-age tech stocks, dragging many to multi-month lows as investor sentiment remains fragile amid global uncertainties. Fears of an uptick in global inflation and slower economic growth are mounting after US President Donald Trump officially…
Source: Live Mint Swiggy share price declined over 4% on Wednesday ahead of the announcement of Q3 results today. Swiggy shares fell as much as 4.07% to a low of ₹416.00 apiece on the BSE. Swiggy shares were listed on Indian stock exchanges in November 2024 and this will be its first earnings release after…
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…
Source: Live Mint Lower interest rates also boost consumer spending, as individuals pay less on their loans and have more disposable income to purchase goods and services. The RBI has held the repo rate steady at 6.5% for a while now. However, with inflation pressures easing, rate cuts could be on the horizon. Growth stocks,…
Source: Live Mint Swiggy share price jumped over 6% on Wednesday after the food and grocery delivery major reported its earnings for the second quarter of FY25. Swiggy shares spiked as much as 6.69% to ₹534.85 apiece on the BSE. The newly-listed Swiggy reported strong revenue growth along with narrowing of losses in the quarter…
