Indian food delivery company Swiggy’s stock fell below both its IPO price and its last private valuation as mounting losses and a wavering market position in quick commerce pressured its margins ...
After a spell of running with the bulls, Swiggy is grappling with bears. The stock fell below its issue price this week and the pre-IPO concerns around overvaluation are finally playing out in the ...
Swiggy share price declined over 4% on Wednesday ahead of the announcement of its Q3 results today. Swiggy shares fell as much as 4.07% to a low of ₹416 apiece on the BSE. Swiggy shares were ...
Investors in quick commerce must be prepared for the long haul. However, even patient investors face a tough choice between Swiggy and Zomato. Swiggy Ltd’s food-delivery business saw a ...
Shares of Swiggy plunged 8 per cent before closing 7 per cent lower on Thursday on reporting ₹799 crore loss in the quarter ended December 2024 as against ₹574.3 crore in the corresponding ...
In yet another bid to expand beyond the delivery segment, Swiggy has incorporated a sports venture called Swiggy Sports Private Limited. Within this segment, the company will engage in sports team ...
Quick commerce and food delivery player Swiggy saw its losses surge by 39% year-on-year (YoY) in Q3 FY25, bogged down by rapid expansion in the hotly contested quick commerce segment, along with a ...
Swiggy Instamart, the quick commerce arm of Swiggy, added a total of 96 dark stores during the October-December period, the company said while announcing its quarterly results on February 5. While ...
Shares of Swiggy plunged about 8% a record low on Thursday (February 6, 2025), after the company reported a wider third-quarter loss hurt by increased expansion costs to counter rivals Zomato and ...
Image Source : PTI Swiggy incurred a net loss of Rs 574.38 crore in the year-ago period. Swiggy share price today: Shares of food and grocery delivery major Swiggy plunged 8 per cent on Thursday.
Food delivery platform Swiggy’s net loss widened 39 per cent to ₹799 crore for the quarter ended December 31, 2024. It reported a net loss of ₹574 crore in the year-ago period. The revenue ...
Swiggy has received approval from the Ministry of Corporate Affairs (MCA) to incorporate Swiggy Sports Pvt. Ltd., a wholly owned subsidiary of Swiggy, solidifying its effort to diversify out of ...
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