Ripple effect? Swiggy shares tumbled 11% today; here's what analysts have to say Swiggy share price: The stock dived 10.81 per cent to hit a low of Rs 427.20. At this price, it has corrected 30.76 ...
In today’s newsletter, we look at Hindustan Unilever’s acquisition of homegrown skincare brand Minimalist, a mouthwatering prospect for other direct-to-customer brands. But first, the big fight. It’s ...
Shares of Swiggy dropped 10 percent to trade at Rs 431, as seen at 11.05 am on January 21. This comes after its rival Zomato posted lower-than-expected Q3 results, dampening spirits for the food ...
To make matters worse, the timing was cruel. For Swiggy, 2019 was a year of heightened investment. “The company was in a high cash burn phase,” recalls Majety, alluding to heavy investments ...