Stocks to Watch, Dec 4: From Adani Group to Swiggy, here is a list of stocks that will be in spotlight today
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
Majety said that he is expecting to see a new wave of opportunities and selection opening for the quick commerce business
While announcing its September quarter results, management at Swiggy said its growth strategy for Instamart is based on hyperlocal expansion
Its expenses grew 23 per cent as the company continued its quick commerce expansion
Flipkart to launch 10-minute medicine delivery under its 'Flipkart Minutes' service, partnering with local chemists to tap into quick commerce and expand its online pharmacy footprint
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
Stocks to Watch, Dec 3: From Adani Group to Cipla here are few stocks that will be eyed today
While Prosus said that the exact timeline for the IPO announcements will come from the firms themselves, it also identified another five investee companies on its "future potential" IPO list
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
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
Ervin Tu and Ashutosh Sharma of Prosus talk about their strategies for India and beyond
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
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.
Shares of Swiggy ended at Rs 462, valuing the company at Rs 1.03 trillion
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's initiatives include kitchen equipment support, hygiene audits, and photoshoot services to boost operations, hygiene, and customer engagement for restaurant partners
Swiggy Instamart started a unique and creative campaign urging people to cast their votes in the Maharashtra Assembly elections 2024