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Swiggy shares to make market debut today
Swiggy's shares up 2.5% in trading debut after $1.4 billion IPO
(Reuters) -Shares of Indian food and grocery delivery firm Swiggy rose 2.5% in their trading debut on Wednesday, after its $1.4 billion IPO last week, but pared initial gains on concerns about its path to profitability.
Swiggy’s IPO Debut Tests Demand for India’s Rapid-Delivery Firms
Swiggy Ltd.’s shares are set to start trading in Mumbai on Wednesday, marking a test for investor interest in India’s burgeoning quick-commerce sector.
Swiggy shares debut on NSE at Rs 420 apiece, nearly 8% premium over IPO price
Swiggy operates in India's rapidly growing online food delivery and quick commerce sectors, which have seen significant expansion.
Swiggy's Shares Jump in Trading Debut After $1.4 Billion IPO
Swiggy
's Shares Jump in Trading Debut After $1.4 Billion IPO (Reuters) - Shares of Indian food and grocery delivery firm
Swiggy
debuted 7.7% higher in pre-open trade on Wednesday, after institutional investors led its $1.4 billion initial public offering ...
LIVE
SoftBank-Backed Swiggy to Debut in India After Mega $1.3 Billion IPO
Swiggy is set to debut on the Indian stock markets. The $1.3 billion initial public offering is one of the few $1 billion-plus listings in India this year. It was one of the first companies that expanded beyond food delivery to quick commerce.
Swiggy market debut fuels India’s food, quick commerce wars
Shares of Swiggy dropped 4% to 401 rupees on Wednesday as the food delivery and quick commerce startup concluded India’s second-largest IPO this year, in a closely watched debut that puts it in direct comparison with what analysts have long considered the benchmark Indian internet stock: Zomato.
Hosted on MSN
24m
India's Swiggy sees shares jump about 8% on debut after country's second-largest IPO this year
Shares of Indian food delivery giant
Swiggy
rose nearly 8% on their trading debut. The company raised 113.27 billion Indian ...
Hindustan Times on MSN
34m
Swiggy’s reclusive CEO Sriharsha Majety makes rare public appearance on IPO day
Swiggy
’s reclusive CEO Sriharsha Majety made a rare public appearance this morning at his company’s stock market debut.
5m
Macquarie initiates coverage on Swiggy with 'Underperform', price target Rs 325 per share, says cautious on valuations
Sandeep Bhatia said that while Swiggy and Zomato are interesting businesses, investors need to pay heed to the unit economics ...
inc42
5h
Swiggy Shares Make Debut On Bourses; List At 8% Premium
Shares of
Swiggy
made their stock market debut today (November 13), listing at INR 420 on the NSE, a premium of nearly 8% ...
7m
'You and I... In this beautiful world': Zomato showers love on rival Swiggy's market debut
Shared on LinkedIn, Zomato's post resonated with many, emphasising upon the spirit of healthy competition and mutual respect ...
23m
on MSN
Swiggy's stock surges on debut, lists 7.7% above issue price at Rs 420 on NSE
Swiggy, the food and grocery delivery company, experienced a successful stock market debut on Wednesday. Shares opened at a 7 ...
1h
on MSN
Prosus Gains $2 Billion on Swiggy Investment with IPO Valuation
Tencent Holdings Ltd.’s top backer Prosus NV said it has made more than $2 billion on its Swiggy investment as it continues ...
cnbctv18
1h
Swiggy Bull Vs Bear Case: One analyst sees a 16% downside, another a 20% gain
JM Financial's bullish view is countered by Macquarie, who initiated coverage on the stock with an "underperform" rating and ...
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