Swiggy delivers 15% jump in India debut as investors bet on quick commerce
BENGALURU :SoftBank-backed Swiggy's shares jumped nearly 15 per cent in their trading debut in India on Wednesday, signalling growing investor confidence in food and grocery delivery firms as shoppers increasingly go online and want fast deliveries. Swiggy's shares bucked weakness in the broader Indian market
Swiggy delivers 15% jump in India debut as investors bet on quick commerce
BENGALURU :SoftBank-backed Swiggy's shares jumped nearly 15 per cent in their trading debut in India on Wednesday, signalling growing investor confidence in food and grocery delivery firms as shoppers increasingly go online and want fast deliveries. Swiggy's shares bucked weakness in the broader Indian market
Swiggy's shares jump 15% in Indian debut, value company at $11.9 billion
:Shares of Indian food and grocery delivery firm Swiggy jumped nearly 15 per cent in their trading debut on Wednesday, bucking weakness in the broader market and a better performance than some analysts had predicted for the loss-making firm after its $1.4 billion IPO.The stock had listed at 420 rupees ($4.98
India delivery app Swiggy shares gain on market debut 
Indian food delivery firm Swiggy rose nearly 17 percent on its market debut Wednesday after raising $1.34 billion in the country's second-biggest IPO this year, as investor optimism offset profit concerns.
India delivery app Swiggy shares gain on market debut 
Indian food delivery firm Swiggy rose nearly 17 percent on its market debut Wednesday after raising $1.34 billion in the country's second-biggest IPO this year, as investor optimism offset profit concerns.
Swiggy's India IPO Defies Weak Market With Listing Gain
(Bloomberg) — Swiggy Ltd.’s shares climbed in their Mumbai debut, signaling a vote of confidence for large initial public offerings in India.
Swiggy or Zomato: Which stock will deliver better returns to investors?
Although Swiggy is trailing Zomato in profitability and scale, analysts believe its market position and diverse revenue streams offer potential for long-term growth.
Swiggy IPO listing delivers pleasant surprise to investors. Sell now or hold?
Swiggy listing: With the company's shares opening at Rs 420 on the National Stock Exchange (NSE), marking a solid 7.6% premium over its issue price of Rs 390, the performance has exceeded initial expectations
last updated on 21 Nov 13:14