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Swiggy share price rallies 12% to hit ALL-TIME HIGH; up 45% from IPO price - BUY or SELL?
JM Financial in its report said that Swiggy reported a healthy 5 per cent QoQ expansion in monthly transacting users (MTU) leading to sequential gross order value (GOV) growth of 5.6 per cent. It noted that the EBITDA losses widened despite GOV growth acceleration and trimming of contribution margin losses.
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.
Why food delivery platform Swiggy shares hit all time high in trade today?
The company believes that the expansion of Bolt to over 400 cities is a significant milestone in Swiggy's mission to enhance customer experience through innovative solutions
Swiggy Shares Surge Over 3% After Q2 Results
Swiggy shares closed over 3% higher on Wednesday after the food delivery platform reported a narrowing of its net loss in the second quarter. The company also announced plans to achieve positive adjusted EBITDA by the third quarter of FY26.
Swiggy share price zooms 10% to new peak ahead of Q2FY25 numbers, up 39% from IPO price
Swiggy's stock surged 10% to ₹541.95, ahead of Q2FY25 results. Since its IPO, shares have risen 39%. Brokerages like UBS and Motilal Oswal view Swiggy favourably, citing growth potential in quick commerce and a unique all-in-one app approach.
Swiggy Share Price Soars Ahead Of Q2FY25 Results, Prosus Says Revenue Jumps 40% In H1FY25; Check
Swiggy’s stock soared by 6% in early trading today as investors geared up for the company’s Q2 FY25 financial results, expected to highlight its impressive growth trajectory. By 9:40 am on the National Stock Exchange (NSE),
Swiggy Q2 Results & Share Price Live: Swiggy shares zoom nearly 10% ahead of Q2 results
Swiggy shares surged on Tuesday, ahead of the company’s Q2 result announcement. This will be the company’s first earnings report since its listing on November 13, 2024.
Explained: Why Swiggy share price gained in early trade today
Swiggy's share price jumped over 9% to reach a day high of Rs 542.10, marking a 39% gain over its issue price of Rs 390. At 11:07 am, the stock was trading 3.36% higher at Rs 512 on the Bombay Stock Exchange.
Swiggy Shares Jump 9% To Hit All-Time High Ahead Of First Q2 Results Post Listing
Swiggy made its debut on the Dalal Street on November 13, with its shares listing at Rs 420 on the NSE, reflecting a 7.7% increase from the IPO price. On the BSE, the stock debuted at Rs 412, a 5.6% premium over the issue price.
Swiggy shares zoom 9% to hit all-time high ahead of Q2 FY25 results
The recently-listed stock surged 9.44 per cent to hit a day high of Rs 542.10. At this price, it has climbed 39 per cent compared to its issue price of Rs 390.
Swiggy shares rally over 9% ahead of first Q2 results after listing
Swiggy shares rose 9.4% to Rs 542.10 on the BSE. The company will release its Q2 financial results today. Swiggy's IPO had significant subscriptions and showed good investor interest. The company has faced net losses since inception but saw revenue double in FY24.
MediaNama
8h
Swiggy reports 17.1 Million active users, 230 Million orders in first earnings release post IPO
Swiggy also saw an increase in the number of orders on the platform by 16.52% going from 192 million in Q2FY24 to 230 million ...
1d
on MSN
Swiggy Q2 Results: Net loss narrows to ₹625.5 crore in first earnings post IPO, revenue up 39% YoY
Results: Swiggy’s revenue from operations increased by 30 per cent to ₹3,601.45 crore in the September quarter from ₹2,763.33 ...
Your Story
2d
Swiggy to invest Rs 1,600 Cr in Scootsy Logistics to grow its dark store count
Swiggy informed in its red herring prospectus filed before the IPO that Scootsy will be utilised for opening about 538 dark ...
Analytics Insight
2d
Swiggy’s Stock Surges 10% to ₹541.95 Amid Q2FY25 Results: Strong Growth in Quick Commerce
Swiggy share price jumped 10% to end at ₹541.95, a 52-week high on December 3rd 2024. This is in line with the company ...
3d
Swiggy CEO Sriharsa Majety Reflects On Swiggy's Public Listing And Market Competition
Explore Srihar Majetys insights on Swiggys transition to a public company, IPO challenges, and competitive strategies in the ...
3d
Breaking the “jinx” of confidential IPO filings: Swiggy’s Sriharsha Majety on running a newly listed company
Roughly two weeks after the company went public, Swiggy’s Majety spoke about the differences between running a public and ...
2d
Swiggy to invest Rs 1,600 crore in Scootsy via rights issue, funds for Instamart's expansion and working capital
Swiggy said the subsidiary will get Rs 1,350 crore meant for expansion-related expenditure in the brand Instamart, while Rs ...
2d
South Africa's Naspers plans more IPOs in next 18 months after Swiggy success
JOHANNESBURG (Reuters) -South African technology investor Naspers said on Monday its Prosus e-commerce subsidiary plans more ...
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