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If Q1FY25 performance is anything to go by, Swiggy has already managed to improve fixed cost absorption meaningfully (fixed costs down to 5.6 per cent of GoV vs. Zomato’s 3.9 per cent in Q1FY25 ...
Shares of online food delivery and quick commerce firm Swiggy have seen a significant surge, gaining 12.7% in five trading sessions, driven by "buy" recommendations from multiple brokerage firms.
Swiggy IPO comprises a fresh issue of 11.54 crore equity shares worth Rs 4,499 crore and an offer-for-sale (OFS) component of 17.51 crore shares valued at Rs 6,828.43 crore.
Financial performance in focus. For the July-September quarter, Swiggy reported a 30 per cent year-on-year revenue growth at Rs 3,601.5 crore, up from Rs 2,763.3 crore in the same period last year.
Swiggy vs Zomato: At the upper-end of the price band of ₹371 to ₹390 per share, Swiggy IPO will value the Softbank-backed company at $11.3 billion, slightly higher than its valuation during ...
Zomato Vs Swiggy Shares: Swiggy’s share price had a robust debut on the NSE, opening at Rs 420 per share—up 7.69% from its issue price of Rs 390. In comparison, Zomato’s share price has ...
Shares of Swiggy plunged 8% in early trade on Thursday on reporting ₹799 crore loss in the quarter ended December 2024 as against ₹574.3 crore in the corresponding quarter previous year.