Swiggy Ltd News

Swiggy share jumps 9%, hits record as Axis Capital initiates with 'Buy'

The northward move in the Swiggy share price came after the domestic brokerage Axis Capital initiated coverage on Swiggy, with a 'Buy' rating and a target price of Rs 640 per share

After Zomato, Swiggy taps live events ticketing space with Scenes

The online entertainment ticketing space is expected to witness the emergence of new players and increased competition

Swiggy promotes Bhakoo to chief business officer for food marketplace

Former vice president and national business head, Bhakoo has been a part of Swiggy's leadership for over six years, driving regional and national growth

Food delivery app Swiggy launches invite-only 'One BLCK' premium membership

Select users will be able to upgrade their Swiggy One memberships to One BLCK at a launch price of Rs 299 for three months

Why are food delivery platforms Swiggy, Zomato shares falling in trade?

Amazon to enter quick commerce after noticing that urban customers increasingly demand quicker delivery of everyday essentials

Swiggy rises 5% after CLSA initiates coverage, sets target at Rs 708 apiece

The target price of Rs 708 per share implies a 31.7 per cent upside from the previous close of Rs 537.5 per share on BSE

Swiggy share price rises 7% on narrowing Q2 losses; revenue soars 30% YoY

Swiggy's consolidated net loss marginally narrowed in the second quarter of financial year 2025 (Q2FY25) to Rs 625.5 crore from Rs 657 crore a year ago

Markets Today: GIFT Nifty, IPOs, RBI Policy, MPC meeting, FIIs; HUL, Swiggy

Pre-market update: The strength in the Sensex, Nifty 3-day rally is likely to be tested on Wednesday amid tepid cues and as focus shifts towards the RBI policy.

Swiggy Q2 results: Loss narrows to Rs 626 cr, revenue up 30% at Rs 3,601 cr

Swiggy's overall Gross Order Value (GOV) grew 30 per cent year-on-year to reach Rs 11,306 crore, reported the company for the quarter and half-year ended September 30, 2024

Swiggy expects positive adjusted EBITDA by Q3FY26: Sriharsha Majety

Majety said that he is expecting to see a new wave of opportunities and selection opening for the quick commerce business

Swiggy Q2 results: Loss narrows to Rs 626 crore, revenue rises 30%

Its expenses grew 23 per cent as the company continued its quick commerce expansion

Why food delivery platform Swiggy shares hit all time high in trade today?

The company believes that the expansion of Bolt to over 400 cities is a significant milestone in Swiggy's mission to enhance customer experience through innovative solutions

Swiggy expands its 10-minute delivery offering 'Bolt' to over 400 cities

Bolt is now active not only in emerging hubs, but also in Tier-2 and -3 cities such as Roorkie, Guntur, Warangal, Patna, Jagtial, Solan, Nashik, and Shillong

Swiggy expands 10-minute food delivery service 'Bolt' to over 400 cities

On-demand convenience platform Swiggy Ltd on Monday said it has expanded its 10-minute food delivery offering, Bolt, to over 400 cities and towns across India. Initially launched in Bangalore, Chennai, Hyderabad, New Delhi, Mumbai, and Pune, Bolt is now active in cities like Jaipur, Lucknow, Ahmedabad, Indore, Coimbatore, and Kochi as well, Swiggy said in a statement. Swiggy has expanded the 10-minute food delivery service to Tier-2 and Tier-3 cities such as Roorkee, Guntur, Warangal, Patna, Jagtial, Solan, Nashik and Shillong among others, it added. Andhra Pradesh and Telangana have witnessed the highest adoption for Bolt followed by Haryana, Tamil Nadu, Gujarat, West Bengal, Rajasthan and Punjab, it added. Swiggy said it is actively partnering with restaurants to optimise order prioritisation for Bolt orders that have food items with minimum or no preparation time. "To ensure safety of delivery partners, they are not informed of the distinction between Bolt and regular orders, a

Onion crisis hits, Swiggy responds with Rs 39 sale after viral request

Swiggy Instamart launched a flash sale on onions for Rs 39/kg in Delhi -NCR after a viral Reddit post where a customer humorously requested extra onions due to soaring prices

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

UBS believes Swiggy is well positioned to benefit from the rapid growth in India's food delivery and quick commerce markets with an estimated GMV and revenue CAGR of 35% and 29% over FY24-27e.

Swiggy Instamart wins quick commerce race with 8-minute delivery: JPMorgan

Swiggy Instamart surpassed its 6-minute delivery promise, achieving a median delivery time of just 8 minutes across the top four Indian cities, the fastest among its peers

Swiggy rolls out kitchen, hygiene, and photoshoot support for restaurants

Swiggy's initiatives include kitchen equipment support, hygiene audits, and photoshoot services to boost operations, hygiene, and customer engagement for restaurant partners

Swiggy delivers 17% gains on stock market debut; Mcap tops Rs 1 trillion

The gains came despite overall market weakness amid sustained selling by foreign portfolio investors

Swiggy: From a forgotten idea to Rs 1 trillion market cap on listing

Swiggy is the first company to list through the Securities and Exchange Board of India's confidential listing route, highlighting the competitive nature of the sector