Brokerage firm Macquarie has initiated an ‘Underperform’ rating on Swiggy with a target price of Rs 325, reflecting a downside of nearly 17% from its issue price of Rs 390. …
“So, I think that that is the key question which remains in Reliance that how are the three businesses going to be listed separately and if it is going to …
Swiggy, a leading player in India’s burgeoning food delivery and e-commerce sector, launched its IPO last week and received a decent subscription of just over 3 times. The company’s shares …
Gautam Duggad, Head Of Research, Director – Institutional Equities, Motilal Oswal, says in consumption stocks, they are down from big overweight to neutral. They are more positive on IT, private …
“Established moat, large target addressable market (TAM), healthy ROCE, healthy cash flows and importantly management which is investing the cash flows for strong growth are key ingredients to make a …
While new-age tech IPOs are often launched with fanfare and lofty expectations, the post-listing reality has been far less glamorous. Nearly half of these companies that went public so far …
Big investors including Norway’s sovereign wealth fund Norges and Fidelity have placed bids worth more than $15 billion in Swiggy’s India IPO, 25 times the $605 million portion reserved for …
The much awaited IPO of Swiggy is set to be launched on November 6 and investors can bid for the shares till November 8. However, the company has seen a …
Dipan Mehta, Director, Elixir Equities, says this earning season has been a big disappointment. We should brace ourselves for three-four quarters of softer auto sales. Considering the correction that has …
The shares of Paytm seem to be recovering from the pressure faced due to the regulatory actions on the company as the stock has surged 10.8% in the last one …