Swiggy rallies 12% in 2 days after UBS initiates coverage with 'Buy ...

13 hours ago  · Shares of food delivery major Swiggy rallied 5 per cent to Rs 484.50 on the BSE in Wednesday’s intra-day trade, surging 12 per cent in the past two days after UBS initiated …


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Swiggy Rallies 12% In 2 Days After UBS Initiates Coverage With 'Buy ...

2 days from now

13 hours ago  · Shares of food delivery major Swiggy rallied 5 per cent to Rs 484.50 on the BSE in Wednesday’s intra-day trade, surging 12 per cent in the past two days after UBS initiated …

business-standard.com

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UBS Initiates Coverage On Swiggy With A 'Buy' Rating

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17 hours ago  · Mumbai: Brokerage UBS initiated coverage on food delivery firm Swiggy with a 'Buy' rating and a 12-month target price of ₹515. This implies an 11.5% upside from Tuesday's …

indiatimes.com

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Swiggy Share Price Gains 12% Since Listing As UBS Sets Target …

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8 hours ago  · Swiggy share price climbs 12% since its listing, trading at a discount to Zomato. ... seeing that Swiggy has adjusted its market share. UBS has started Swiggy with a ‘buy’ rating, …

analyticsinsight.net

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Swiggy Share Price Gains For Second Straight Day As UBS Initiates ...

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1 day ago  · Swiggy Ltd.'s share price climbed for the second consecutive session today, adding 7% over Friday's closing price, as UBS initiated coverage on the stock with a 'buy' rating and a …

ndtvprofit.com

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Swiggy's Shares Rise 20% In Three Straight Days, Food Delivery Firm …

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11 hours ago  · On November 25, Swiggy's shares went to a low of Rs 417.2 apiece and rebounded from there to hit Rs 501.7 apiece, implying gains of over 20%. At 12 pm on …

moneycontrol.com

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Swiggy Shares Rise 6% After UBS Initiates Coverage, Analysts

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1 day ago  · Shares of Swiggy Limited, a major player in food delivery and quick commerce, surged by 6 per cent to Rs 456 in morning trade on November 26, following the initiation of …

news18.com

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UBS Expects Swiggy Shares To Deliver 20% Upside From Current

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1 day ago  · Global brokerage firm UBS has initiated coverage on Swiggy Ltd., the food delivery aggregator and Zomato Ltd.'s competitor, with a 'Buy' rating and a price target of ₹515. The …

cnbctv18.com

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Swiggy Share Price Rise 6% As UBS Initiates Coverage With 'buy', …

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1 day ago  · Shares of food delivery and quick commerce major Swiggy Limited rallied 6 percent to Rs 456 in morning trade on November 26 after UBS initiated coverage on the counter with a …

moneycontrol.com

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Swiggy Shares Extend Gain; Surge 25% In Two Days

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Nov 14, 2024  · The foodtech stock gained 7.3% to hit a high of ₹489.25 on second day, after ending 16.9% higher at ₹455.95 on listing day. ... Swiggy shares rally 25% in two days Image: …

fortuneindia.com

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Swiggy Soars 12% In 2 Days As UBS Starts Coverage With 'Buy'

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17 hours ago  · Shares of Swiggy surged by 5% to ₹484.50 in Wednesday's intra-day trade, marking a 12% rally over the past two days. This spike followed UBS's initiation of coverage …

venturasecurities.com

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India's Swiggy Rises After UBS Initiates Coverage At 'buy'

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1 day ago  · ** Shares of online food delivery co Swiggy S SWIGGY rise 3.2% to 444.4 rupees after UBS initiates stock coverage at "buy" ** While the co lost food delivery market share to …

tradingview.com

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Swiggy Share Price Falls 3% After Listing. Should You Buy Or Avoid?

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Nov 14, 2024  · The drop comes after a decent debut, closing at Rs 455.95 the previous day, marking a 10.67% rise from its initial listing price. Brokerage views are mixed on Swiggy’s …

indiatoday.in

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Swiggy Rallies 12% Following UBS Coverage Initiation - YouTube

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Swiggy’s stock has rallied 12% over two days after UBS initiated coverage with a "Buy" rating and a target price of ₹515. The report highlights Swiggy’s robu...

youtube.com

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Zomato Shares Rally To Hit All-Time High On UBS Bull Call, …

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Sep 12, 2024  · However, when comparing Zomato's August volumes to December 2023, Zomato showed a 25% increase, while Swiggy's growth was just 18%. UBS projects a 7% quarter-on …

benzinga.com

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Swiggy Shares Rally 4%: UBS Initiates Coverage With 'Buy' And 26% ...

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Swiggy shares rally 4% after UBS initiates coverage with a 'buy' recommendation. The brokerage sees a 26% upside potential, citing robust growth prospects in food delivery and quick …

qrius.com

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Swiggy Shares Jump 6.2% Intraday After UBS Initiates Coverage …

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1 day ago  · jumped as much as 6.2% during intraday trading to INR 458.00 apiece on the BSE today (November 26), a day after brokerage firm UBS initiated the company’s coverage with a …

inc42.com

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Swiggy's $1.4 Bln Indian IPO 12% Subscribed On Its First Day

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Nov 6, 2024  · Food and grocery delivery firm Swiggy's $1.4 billion IPO was 12% subscribed after its first day of bidding, with retail investors placing orders for more than half the shares …

reuters.com

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Swiggy Gets 12% Subscription On First Day Of $1.4 Bn IPO

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Nov 6, 2024  · Food and grocery delivery firm Swiggy's $1.4 billion IPO was 12% subscribed after its first day of bidding, with retail investors placing orders for more than half the shares …

vccircle.com

FAQs about Swiggy rallies 12% in 2 days after UBS initiates coverage with 'Buy ... Coupon?

Should you buy Swiggy (Swiggy) at a 35% discount to Zomato?

UBS believes that Swiggy is well positioned for growth at a 35% discount to Zomato. Global brokerage firm UBS has initiated coverage on Swiggy Ltd., the food delivery aggregator and Zomato Ltd.'s competitor, with a 'Buy' rating and a price target of ₹515. ...

Is UBS stock at 35-40% discount to Zomato?

This implies an 11.5% upside from Tuesday's close of ₹461. "We believe the stock's price is at 35-40% discount to Zomato and see room for this valuation discount to narrow as the company demonstrates stabilising market share," said UBS's analysts in a client note. ...

What is Swiggy stock price target?

The brokerage has set a 12-month price target of Rs 515. In the last three days, the stock price of Swiggy has soared 16 per cent, while, it recovered 20 per cent in four days. The stock had hit a record high of Rs 489.25 on November 14. Swiggy made its stock market debut on November 11. ...

Did UBS lose market share in cy23?

“While the company lost market share in CY23, data from UBS Evidence Lab food delivery receipts shows signs of market share stabilisation; the same is visible in the Q1FY25 results as well. ...

Should Macquarie buy Swiggy (Swiggy)?

In contrast, Macquarie has a more cautious outlook on Swiggy, initiating coverage with an ‘underperform’ rating and a target price of Rs 325 per share. While the brokerage acknowledges Swiggy’s significant growth potential, it believes the path to profitability may be challenging and uneven. ...

Does Swiggy expect a breakeven in 2028?

Even with core revenue anticipated to grow at a Compounded Annual Growth Rate (CAGR) of 23%, the brokerage expects a breakeven at a Group EBIT level only in the financial year 2028. Shares of Swiggy Ltd. settled nearly 3% higher at ₹428 on Monday. ...

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