swiggy share price

Swiggy Q1 Results: Loss widens to Rs 1,197 crore, revenue soars 54%

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Swiggy Q1 Results: Loss widens to Rs 1,197 crore, revenue soars 54%

Food delivery player Swiggy Ltd on Thursday reported widening of its net losses to Rs 1,197 crore in the first quarter of FY26, compared to Rs 611 crore in the year-ago period. Revenue from operations in the reporting period rose 54% YoY to Rs 4,961 crore. The company’s management attributed the higher losses to scale-driven … Read more

HDFC Securities initiates coverage on Swiggy, sets target price of Rs 430

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HDFC Securities initiates coverage on Swiggy, sets target price of Rs 430

Citing Swiggy’s solid brand presence and user base, brokerage HDFC Securities has initiated coverage on the Dalal Street debutant with an Add rating and a stock target price of Rs 430. The brokerage highlights the company’s strong growth prospects in quick commerce but notes operational hurdles could impact its long-term profitability trajectory. The target price … Read more