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, the leading food delivery and quick commerce platform, is expected to experience a sequential rise in revenue during ...
Results: The newly listed food aggregator’s revenue from operations in the third quarter of the current fiscal rose 31 per ...
December quarter, Swiggy witnessed a stable increase in topline as well as an increase in expenses, dragging its P&L further ...
UBS maintained a 'Buy' rating on Swiggy stock with a target price of Rs 510, while Macquarie maintained an 'Underperform' ...
Swiggy aims for EBITDA profitability by Q3 FY26, driven by food delivery growth and quick commerce breakeven. The quick ...
FY25, Zomato’s Blinkit was near break-even, but in Q3, its adjusted Ebitda margins slipped to -1%. Swiggy Instamart’s margins ...
Investors in quick commerce must be prepared for the long haul. However, even patient investors face a tough choice between Swiggy and Zomato.
Swiggy's widening losses during the December quarter may be owing to the 32 per cent on-year rise in its expenses during the ...
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