Swiggy's board has approved the investment in its wholly owned subsidiary by subscribing to a rights issue in one or more tranches It is making the investment to provide cash for working capital ...

The stock fell 5.77 per cent to hit a low of Rs 359. This was the third session, out of a total five, when the stock plunged over 5 per cent.

Quick commerce and food delivery player Swiggy on Friday said it will invest up to Rs 1,000 crore in its unit Scootsy Logistics to meet its working capital and capital expansion requirements ...

The brokerage added that the period of hyper-competition is expected to prolong for a few more quarters and reinstated that it prefers Zomato stock over Swiggy. UBS has retained buy at a target ...

UBS maintained a "buy" rating on Swiggy with a target price of Rs 515, while Macquarie reiterated its "underperform" call, setting a lower target of Rs 325. Swiggy's stock has struggled post ...

Food delivery giant Swiggy on Friday announced a Rs 1,000 crore investment in its supply chain subsidiary, Scootsy, following board approval.This comes after a Rs1,600 crore infusion into Scootsy ...

Indian food delivery company Swiggy’s stock fell below both its IPO price and its last private valuation as mounting losses and a wavering market position in quick commerce pressured its margins ...

LONDON, Feb 4 (Reuters Breakingviews) - Sergio Ermotti has a U.S. problem. The UBS (UBSG.S), opens new tab boss acknowledged as much on Tuesday by releasing, opens new tab some new targets for the ...

(Reuters) -Indian food and grocery delivery firm Swiggy said on Friday it will invest up to 10 billion rupees ($115.47 million) in its supply chain subsidiary, amid an ongoing expansion of its ...

Still, Swiggy's cash reserves of ₹82 billion ($936 million) are less than half of Zomato's ₹190 billion ($2.2 billion), though Swiggy did manage to increase its average order value in quick ...