Swiggy share price jumps over 6% after Q2FY25 results. Is it still a stock to buy today?
Swiggy share price jumped over 6% after the food and grocery delivery major reported its earnings for the second quarter of FY25, with a strong growth in revenue and narrowing of losses.
Swiggy Shares Surge Over 3% After Q2 Results
Swiggy shares closed over 3% higher on Wednesday after the food delivery platform reported a narrowing of its net loss in the second quarter. The company also announced plans to achieve positive adjusted EBITDA by the third quarter of FY26.
Swiggy Share Price: Stock rallies 7% after stellar Q2 FY25 results, up 37% since IPO price
Swiggy Ltd. shares surged 6.7% on Wednesday, December 4, following the company's strong Q2 FY25 results. The food delivery company's stock is now up 37% from its IPO price.
Swiggy Share Price Jumps On Strong Q2 Earnings, Revenue Grows 30% YoY, User Base Expands; BUY?
Swiggy’s stock continued its upward trajectory, rising 3% to Rs 517 in early trade today, buoyed by the announcement of its Q2 FY25 results. This rally follows a 1.7% gain yesterday, with the stock closing at Rs 502 ahead of the eagerly anticipated earnings report.
Swiggy share price zooms 10% to new peak ahead of Q2FY25 numbers, up 39% from IPO price
Swiggy's stock surged 10% to ₹541.95, ahead of Q2FY25 results. Since its IPO, shares have risen 39%. Brokerages like UBS and Motilal Oswal view Swiggy favourably, citing growth potential in quick commerce and a unique all-in-one app approach.
Swiggy share price jumps 7% after Q2 results. Should you buy or avoid?
The new-listed company reported a revenue increase of 11.77% quarter-on-quarter (QoQ) to Rs 3,601.45 crore and a year-on-year (YoY) growth of 30.33%. However, the company posted a consolidated net loss of Rs 625.
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
Swiggy Q2 Results & Share Price Highlights: Swiggy narrows loss to ₹625.53 crore, revenue jumps 30%. Shares trade up by 1.2%
Swiggy shares surged on Tuesday, ahead of the company’s Q2 result announcement. This will be the company’s first earnings report since its listing on November 13, 2024.
Swiggy Q2 Results: Net loss narrows to ₹625.5 crore in first earnings post IPO, revenue up 39% YoY
Food and grocery delivery firm Swiggy reported a narrower quarterly loss on Tuesday as the newly listed company saw robust order growth in both its food delivery and quick commerce segments. Swiggy, which made its trading debut on Nov.
Swiggy Q2 Results: Cons loss narrows YoY to Rs 625 crore, revenue jumps 30%
Swiggy's food delivery business nearly doubled profitability, with adjusted EBITDA at Rs 112 crore, a 1.6% margin, and GOV growing 5.6% QoQ to Rs 7,191 crore. The company’s new 10-minute delivery service,
Can Swiggy’s Instamart spice it up in quick commerce?
The incremental value for Swiggy lies in Instamart, as quick commerce is a bigger opportunity than the food delivery business.
Indian Television Dot Com4h
Swiggy’s awe striking revenue surge feeds growth, but losses deepen
MUMBAI: They bring us joy with a click, delivering steaming biryanis, comforting gulab jamuns, and all things delightful, ...
India’s Swiggy defies weak market in largest 2024 tech IPO globally
Shares of Swiggy surged 7% to ₹440 on Wednesday as the food-delivery and quick-commerce startup concluded India's ...
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Swiggy IPO: Accel, Elevation To See 34X Returns; Prosus To Pocket $500 Mn
Ahead of its IPO, Accel holds 10.51 Cr shares in Swiggy at a weighted average price of INR 11.17 per equity share. As part of the company’s offer for sale (OFS) component during its IPO ...
Reuters26d
Swiggy's $1.4 bln IPO oversubscribed as investors bet on quick-commerce boom
The initial public offering (IPO) of food and grocery deivery app Swiggy Ltd is the second IPO in a year to raise over 100 billion Indian rupees. However, analysts expect the loss-making company ...
Swiggy IPO nets $606 million from institutional investors
Swiggy has raised around $606 million from a set of more than 75 anchor investors as part of its $1.35 billion initial public ...
Fast Company26d
How India’s quick-commerce boom fueled Swiggy’s $1.4 billion IPO
Food and grocery delivery firm Swiggy’s $1.4 billion initial public offering was oversubscribed on Friday, as institutional investors rushed in with orders on the final day of India’s second ...
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Swiggy’s Stock Surges 10% to ₹541.95 Amid Q2FY25 Results: Strong Growth in Quick Commerce
Swiggy share price jumped 10% to end at ₹541.95, a 52-week high on December 3rd 2024. This is in line with the company ...