Swiggy shares zoomed 15% to hit record high level

Swiggy share price poised for 20% upside? Axis Capital initiates coverage on stock, highlights competitive position
Axis Capital views Swiggy as a strong investment opportunity, citing its growth in quick commerce and food delivery. The brokerage projects significant revenue growth, improved profitability, and strategic restructuring,
Swiggy Stock Hits Record High After Axis Capital’s ‘Buy’ Call
Axis Capital's optimistic assessment of the massive food delivery and quick-commerce company propelled Swiggy's share price to a new all-time high during the December 16 trading session.
Swiggy shares zoomed 15% to hit record high level; more steam left?
The stock today surged 14.99 per cent to hit an all-time high of Rs 612.30. It eventually settled 11.70 per cent at Rs 594.80. At this price, the recently-listed counter has rallied 52.51 per cent compared to its issue price of Rs 390.
Swiggy shares hit all-time high as Axis Capital sees 20% upside; stock up 40% since listing
The analysts at the brokerage tagged a 'BUY' recommendation on the shares of the company, seeing a 20 percent upside potential.
Swiggy share jumps 9%, hits record as Axis Capital initiates with 'Buy'
The northward move in the Swiggy share price came after the domestic brokerage Axis Capital initiated coverage on Swiggy, with a 'Buy' rating and a target price of Rs 640 per share
Swiggy share price jumps over 6% after Q2FY25 results. Is it still a stock to buy today?
Swiggy share price jumped over 6% after the food and grocery delivery major reported its earnings for the second quarter of FY25, with a strong growth in revenue and narrowing of losses.
Swiggy share price hits all-time high today. Here's what drove the rally
Swiggy made its stock market debut on November 13, listing at a 7.69% premium. The stock opened at Rs 420 per share on the NSE, compared to its IPO price of Rs 390.
Swiggy Shares Surge 14%, Stock Price Up 40% From Listing Date
Swiggy is making strides toward profitability, with Axis Capital forecasting an adjusted EBITDA of Rs 390 crore by FY27, a remarkable turnaround from a projected loss of Rs 1,840 crore in FY24. This improvement is attributed to: Cost optimisation across fixed and variable expenses.
Swiggy shares at Rs 640? 5 reasons why the stock is a 'Buy', Zomato comparison & more
Swiggy shares rose 2.88 per cent to hit a high of Rs 547.35. The Zomato stock was up 0.76 per cent at Rs 290.60.
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