India's Swiggy hits record low on wider quarterly loss
(Reuters) -Shares of Swiggy plunged about 8% a record low on Thursday, after the company reported a wider third-quarter loss hurt by increased expansion costs to counter rivals Zomato and Zepto.
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 ...
inc4218h
Swiggy Instamart’s Q3 Margins Hit By Rising Competition In Quick Commerce
Swiggy Instamart’s contribution margin dropped to -4.6% during the quarter under review (Q3FY25) from -1.9% in the preceding ...
India's Swiggy reports wider loss as competition fuels investment surge
India's Swiggy reported a wider quarterly loss on Wednesday, as the online platform poured money into its quick commerce ...
India's Swiggy reports wider quarterly loss as competition fuels spending spree
India's Swiggy reported a wider quarterly loss on Wednesday, as the online platform poured money into its grocery delivery ...
Private sector banks, pharma, and auto stocks set for growth amid tax reforms: Sachin Shah
Autos, I already mentioned, they should do quite well. Even IT stocks, we believe should do much better. We will also have ...