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Swiggy share price slumps over 7%, slips below IPO price
Swiggy share price slumps over 7%, slips below IPO price as Q3 loss widens. Should you buy, sell or hold?
Swiggy share price fell 7.4% after reporting a third-quarter loss of ₹799.08 crore. Total expenses increased significantly, but revenue rose to ₹3,993.06 crore, indicating growth amid competitive pressures and investments in quick-commerce.
Swiggy shares in focus after Q3 loss widens to Rs 799 crore. Should you buy, sell, or hold?
On the positive side, revenue from operations for Q3FY25 reached Rs 3,993 crore, reflecting a 31% increase from Rs 3,049 crore in the same quarter of the previous year.
Swiggy shares drop 7% as competitive intensity hits Q3 margin; here's target price
MOFSL said the food delivery segment remains a stable duopoly but increased competition and aggressive dark store expansion have rebased profitability expectations.
12h
Swiggy hits 52-week low on mixed Q3 nos; most brokerages cut target price
Swiggy reported its third quarter (Q3FY25) numbers on February 6, 2025, after market hours. In Q3, the company's consolidated ...
ndtvprofit
13h
Swiggy Q3 Review: Quick Commerce Remains Pain Point As Competition Intensifies
UBS maintained a 'Buy' rating on Swiggy stock with a target price of Rs 510, while Macquarie maintained an 'Underperform' ...
11h
Swiggy hits fresh 52-week low post weak Q3 earnings; Macquarie sees over 22% potential downside
Swiggy's widening losses during the December quarter may be owing to the 32 per cent on-year rise in its expenses during the ...
8h
on MSN
Swiggy management confident of EBITDA profitability by Q3 FY26
Swiggy aims for EBITDA profitability by Q3 FY26, driven by food delivery growth and quick commerce breakeven. The quick ...
cnbctv18
12h
Zomato Vs Swiggy: What lies ahead for the food delivery aggregators after their Q3 results
If we compare Swiggy with Zomato, two things stand out — first, its quick commerce business has lagged behind Zomato, whereas ...
Fortune India
11h
Swiggy shares get hammered for the second day in a row; is everything alright with the foodtech major?
Swiggy shares declined as much as 7.4% to hit its all-time low of ₹387 on the BSE today as Q3 loss widens by 39% to ₹799 ...
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