The GST Council is considering a reduction in the tax rate on online food delivery charges from the current 18% to 5%. This potential change could significantly impact companies like […]
Company Results
Swiggy Shares Surge 10% Ahead of Q2 Earnings Announcement
Swiggy’s stock price has seen a significant uptick, rising nearly 10% on December 3, 2024, as investors eagerly anticipate the company’s Q2 earnings report. The positive market sentiment reflects optimism […]
Latest Market News
Swiggy Shares Surge 6% on UBS’s Bullish Outlook
Swiggy’s shares rose by 6% today, reaching ₹456 after UBS initiated coverage with a “buy” rating and a 26% upside potential, targeting a price of ₹470. UBS cited Swiggy’s strong […]
IPO Details
Swiggy Makes a Market Debut Shares Surge 19%
Swiggy made a spectacular debut on the stock market, with its shares surging 19% on the first trading day, taking its market cap to approximately ₹1.04 lakh crore. The IPO, […]
IPO Details
Swiggy’s Post-IPO Surge: A Double-Edged Sword
Swiggy’s shares saw a significant surge of 15% following a modest IPO listing, pushing its market capitalization to a remarkable ₹1 lakh crore (approximately $12 billion). This surge reflects investor […]