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SWIGGY UPGRADE
Sarvam joins unicorn club; Razorpay lines up IPOFresh funding has propelled Sarvam AI into the unicorn club. This and more in today’s ETtech Top 5.- ET Prime Special Series: Multibagger or IBC - Curious case of one stock, two companies. Only one of them makes brakesOn paper this is a friction-material company. In practice, the larger force inside the company is an investment portfolio. The friction bus...
- For a match made in retail heaven, friction on earth can be realQuick commerce is transforming Indian retail. Platforms like Blinkit and Zepto now drive a significant portion of online sales for major FM...
- Delivery platforms deploy cooling cover as orders heat upPeople confined to indoors are increasingly turning to online platforms for purchases spanning daily essentials to cooling products and con...
- As mercury soars, e-commerce platforms step up measures to protect delivery workersIndian e-commerce and quick-commerce platforms are introducing measures to protect delivery workers from severe heatwaves. Companies are pr...
- Swiggy Instamart logs 49x gold surge on Akshaya Tritiya with small-ticket gold driving quick-commerce boomSwiggy's Instamart experienced a massive jump in demand for gold and silver on Akshaya Tritiya. Urban shoppers embraced quick commerce for ...
- Akshaya Tritiya sees 30% volume drop in gold buying amid price spikeGold demand during Akshaya Tritiya dropped about 30% in volume as prices, up nearly 60% year-on-year, deterred large purchases. Buyers stay...
- Tax holiday troubles locals; PB Fintech’s new betHappy Tuesday! A Budget proposal giving tax relief to foreign data centre firms has raised concerns among Indian infrastructure companies. ...
- BofA upgrades Swiggy to buy rating, lists 3 reasons whyBank of America Securities upgraded Swiggy to buy, citing its stronger balance sheet after a major fundraise, rising cash generation in foo...
- Swiggy gets another buy call, this time from Nomura, with Rs 550 target priceSwiggy's stock receives a 'buy' rating from Nomura, setting a target price of Rs 550, citing disciplined execution and improved breakeven v...
- Motilal Oswal upgrades Swiggy to ‘buy’ rating, sees 32% upside potential. Should you invest?Motilal Oswal projects stronger growth for food delivery and quick commerce, upgrading Swiggy to ‘buy’ with a Rs 560 target and maintaining...
- Rs 3,100 crore mutual fund battle: Why MFs are ditching Zomato for SwiggyZomato Vs Swiggy: Mutual funds exhibited contrasting strategies in July, divesting approximately ₹1,700 crore worth of Eternal shares amids...
- Swiggy vs Eternal: Which stock promises better value delivery post Q1 show?Eternal, the parent company of Zomato and Blinkit, posted a 55% year-on-year increase in its B2C net order value (NOV) for Q1FY26. Blinkit,...
- Jefferies upgrades Swiggy to buy with Rs 500 target price but calls it high risk-high reward playSwiggy shares slipped 4% after Q1 losses doubled, but Jefferies upgraded the stock to ‘Buy’ with a Rs 500 target, citing a likely bottom in...
- Can Swiggy ride the sentiment wave after Eternal's blowout quarter?Eternal’s Q1 results revealed a 70% year-on-year surge in revenue, fueled by robust growth in Blinkit and food delivery segments. Significa...
- Swiggy shares surge 5% as Blinkit’s Q1 spurs optimism in Q-comm sectorSwiggy share Price: Shares of Swiggy rose 4.9% to Rs 412 on Tuesday, driven by increasing investor confidence in the online food delivery a...
- Swiggy shares may rally 50%, says IIFL as it initiates coverage with buy callSwiggy shares: Swiggy, India’s second-largest foodtech player, is projected to achieve a 28% compound annual revenue growth between FY25 an...
- Swiggy launches invite-only membership programme One BlckThe offering, which is a tier above its existing loyalty programme, aims to enhance the experience for premium customers and drive growth a...
- Hot stocks: Brokerage view on Zomato, Swiggy, NTPC and Ramco CementsBrokerage firm Macquarie has placed an underperform rating on Zomato, signaling caution on the stock. In contrast, Citi has upgraded Ramco ...
- Swiggy sells cloud kitchen biz; Feb sees marginal rise in e-scooter salesFood and grocery delivery major Swiggy has sold its cloud kitchen business Access to Kitchens@ in a share swap deal. This is another move f...
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