Swiggy share price: Down 50% in 1 year; can food delivery stock recover? Should you buy the dip? Check target, stop-loss
60-Word AI Digest
Swiggy’s improving food-delivery profitability and plans to reduce Instamart losses have prompted Anand Rathi to retain a Buy rating and ₹310 target, implying about 35% upside from ₹230. However, the stock’s weak chart signals caution.
Key Takeaways
- Swiggy’s improving food-delivery profitability and plans to reduce Instamart losses have prompted Anand Rathi to retain a Buy rating and ₹310 target, implying about 35% upside from ₹230.
- However, the stock’s weak chart signals caution.
- Full details and original dispatch available below.
Swiggy’s improving food-delivery profitability and plans to reduce Instamart losses have prompted Anand Rathi to retain a Buy rating and ₹310 target, implying about 35% upside from ₹230. However, the stock’s weak chart signals caution.
Original Publisher Attribution
This summary was curated from Livemint.