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SWIGGY MARKET DEBUT PERFORMANCE
Swiggy sinks 16% to record low as quick-commerce losses widenShares of Swiggy fell by 16.4% to ₹176.70, marking a record low for the company. This decline raises concerns over cash burn and achieving ...- ETtech Explainer: Why Blinkit is wary of private labels while Instamart sees an opportunityWhile Blinkit is not looking to significantly expand its private label business, rival Instamart sees room to grow its year-old private lab...
- Infosys cuts FY27 guidance; Zetwerk's muted market debutInfosys has lowered its FY27 revenue guidance despite a rise in Q2 profit. This and more in today’s ETtech Top 5.
- Eternal vs Swiggy: How the numbers stack up against each otherIn the recent quarter, Eternal's Blinkit achieved remarkable success with a net order value of Rs 20,940 crore, drastically outpacing Swigg...
- Swiggy shares crash 14%, hit 52-week low after Q2 results. Here’s why Jefferies, Nomura, Bernstein cut target priceSwiggy Share Price: Swiggy experienced a notable decline in share prices after announcing a Rs 922 crore loss for the quarter. Revenue from...
- Rs 9,000 crore wiped out in a day: Why Swiggy investors are losing patience with InstamartSwiggy shares plunged on Friday, wiping out around ₹9,000 crore in market value as widening Instamart losses overshadowed food delivery gro...
- Blinkit, Instamart chart different paths to profitable growthEternal and Swiggy are adopting distinct strategies within the quick commerce and food delivery sectors. Eternal is ramping up Blinkit’s gr...
- Fusion CX debuts at 5.5% premiumFusion CX shares were listed at ₹305 on the NSE. The issue was listed at a premium of 5.54% against the issue price of ₹289 per share. The ...
- Swiggy Q2 revenue jumps 36%; loss narrows to Rs 922 croreThe company’s food delivery gross order value (GOV) increased 17.7% year-on-year to Rs 10,054 crore, up 5.9% from the previous month. Swigg...
- Swiggy CEO Sriharsha Majety says rival Blinkit has the stronger flywheel, aims to fix basics before expandingHe said Swiggy’s priority is a stable business with “the clearest line of sight to Ebitda zero,” and that it would not use its cash reserve...
- Prada Q3 revenue rises in a slowing luxe marketItalian luxury group Prada reported a 1% organic growth in revenue for the third quarter of the year. This performance reflects resilience ...
- Swiggy to shift to inventory model starting Q3 FY27, eyes 80 bps Instamart margin boostThe transition is likely to improve its quick commerce arm Instamart’s contribution margin by around 80 basis points once fully implemented...
- Swiggy’s Q2 report card; eMudhra to exit certificate bizSwiggy continued on its growth trajectory while bringing down losses in Q2FY27. This and more in today’s ETtech Top 5.
- Swiggy’s India ownership shift could lift Instamart margins; Q2 loss widens to Rs 922 croreSwiggy is transitioning to an India-owned structure to gain greater control over its Instamart operations and improve margins. The company ...
- Swiggy Q2 Results: Loss narrows YoY to Rs 922 crore; revenue jumps 36%Swiggy Q2 Result: Food delivery and quick commerce company Swiggy Ltd on Thursday said its consolidated profit after tax narrowed to Rs 922...
- Noida customer spends Rs 11,072 on Singhara Poori, Mumbai guy gave Rs 9,870 for coffee rasgulla: Swiggy tells what India ordered on Navratri & Durga PujaDuring the festive seasons of Navratri and Durga Puja, India saw a notable rise in the popularity of fasting meals and traditional sweets. ...
- Swiggy shares slide over 5% ahead of Q2 results. What are analysts saying?Swiggy shares fell ahead of its Q2 FY27 results as investors assessed its path to profitability. Anand Rathi upgraded the stock to Buy, whi...
- Eternal, Swiggy expected to report strong Q2 growth; quick commerce profitability in focusEternal’s adjusted revenue is expected to rise 72-73% year on year to around Rs 24,000 crore, while Swiggy’s is projected to grow 34-36% to...
- AI debutant’s flameout stokes fears boom is endingElice, a data center and AI developer, faced a significant decline in its stock price during its debut. This situation exemplifies a broade...
- Udaan sees growth after four years with 13% rise in revenuesUdaan has shifted to a cluster-led operating model with greater accountability for performance at the city and category levels, according t...
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