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Swiggy’s shares fall nearly 4% after Q1 net loss doubles; Eternal’s Blinkit continues to lead quick commerce growth in a ...
Swiggy reported a consolidated loss of Rs 1,197 crore for Q1 2025, widening from Rs 611 crore the previous year. Despite this ...
Sure, the Rapido stake (~12%) monetization could help; but its cutting it too close for us to be comfortable taking this bet.
BofA raised its quick commerce EV/GOV multiple for Zomato/Swiggy from 0.4X/0.25X to 0.5X/0.35X, pushing price targets for Zomato/Swiggy from Rs 245/295 to Rs 270/315.