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 ...
On Thursday, Zomato and Swiggy stocks continued their decline. (Image/PTI) Even as Zomato and Swiggy ramp up their quick commerce operations, their core food delivery business is witnessing ...
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 ...
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.
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 ...
Swiggy Q3 Results: Net loss of the food and grocery delivery platform widened to ₹800 crore in the December quarter of FY25; Pic by Hemant Mishra/mint EBITDA is an alternate measure of ...
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 ...
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 ...
Swiggy share price today, February 06: Motilal Oswal maintained its ‘Neutral’ rating on the stock with a target price of Rs 460. (Image: Imagine.art) Swiggy’s share price plummeted 7.8% to ...
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's widening losses during the December quarter may be owing to the 32 per cent on-year rise in its expenses during the review period. Bernstein also has maintained an 'outperform' call on the ...