Swiggy share price gains 7% as UBS initiates coverage with 'buy' …

1 day ago · Swiggy rallied 7 per cent on Tuesday after UBS initiated coverage on the stock with a “buy” rating, citing “significant” valuation discount to rival Zomato. The brokerage has set a 12 …

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Swiggy Share Price Gains 7% As UBS Initiates Coverage With 'buy' …

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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 …

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

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

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10 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 …

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Swiggy Shares Hit Rs 500-Mark, Rallies Over 20% In 3-Days

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10 hours ago · Swiggy's share price soared 8% on Wednesday, reaching an all-time high and surpassing the Rs 500 mark for the first time ... The rise in Swiggy’s stock comes after UBS …

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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 …

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BUY Or SELL: Swiggy Share Price Hits Rs 500-mark; Up 28% From …

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11 hours ago · BUY or SELL: Swiggy share price hits Rs 500-mark; up 28% from IPO price. Swiggy Share Price Target 2025: Swiggy is an online food delivery company. Swiggy shares …

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JM Financial Gives Swiggy Its First 'buy' Tag, Sees 20

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Nov 13, 2024 · Brokerage firm JM Financial initiated coverage on Swiggy after the company's $1.3 billion listing, assigning the online food aggregator its first 'buy' call as it referred to it one …

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

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8 hours ago · Nonetheless, a brokerage firm, UBS, has predicted that this gap might be reduced, seeing that Swiggy has adjusted its market share. UBS has started Swiggy with a ‘buy’ rating, …

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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 …

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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 …

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

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Swiggy’s recent 6% rise in share prices following UBS’s “buy” recommendation signals the company’s growing potential in both the food delivery and quick commerce markets. With a …

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Swiggy Rallies 12% Following UBS Coverage Initiation

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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...

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NBCC (India) Share Price Up 2% On Securing Order Of Rs 316 Crore ...

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11 hours ago · Swiggy rallies 12% in 2 days after UBS initiates coverage with 'Buy' rating At the operating front, the company's earnings before interest, tax, depreciation, and amortisation …

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FAQs about Swiggy share price gains 7% as UBS initiates coverage with 'buy' … Coupon?

Is Swiggy a good buy?

The brokerage said that Swiggy is well-positioned for growth, currently trading at a 35% discount to Zomato 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 coverage by UBS with a ‘buy’ rating. ...

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. ...

How did Swiggy's stock perform compared to its IPO price?

The stock is now trading at a 28% premium compared to its IPO price of Rs 390. Swiggy’s shares opened 2% higher at Rs 468, compared to the previous close of Rs 461.90 on the NSE. The stock quickly surged to a high of Rs 501.70, reflecting an 8% gain. By 11:10 AM, the stock was up 6.5% at Rs 492, with over 2.2 crore shares exchanged. ...

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

"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. Swiggy shares, which rose 7.1% on Tuesday, have gained 12% since listing on November 13 at ₹412. Beginning of dialog window. ...

Should you buy Swiggy (Swiggy) at Rs 515?

The brokerage highlighted Swiggy’s strong growth prospects and set a target price of Rs 515, indicating a potential upside of nearly 27 per cent from the current levels. UBS pointed out that Swiggy is well-positioned for growth, currently trading at a 35 per cent discount to Zomato. ...

How did Swiggy's stock perform on the NSE?

Swiggy’s shares opened 2% higher at Rs 468, compared to the previous close of Rs 461.90 on the NSE. The stock quickly surged to a high of Rs 501.70, reflecting an 8% gain. By 11:10 AM, the stock was up 6.5% at Rs 492, with over 2.2 crore shares exchanged. Swiggy’s market capitalization reached Rs 1,03,349 crore. ...