Page 6 - Swiggy

Stocks to Watch today, Sept 24: Swiggy, Akzo Nobel, Cochin Shipyard, IHCL

Stocks to Watch today, September 24, 2025: IHCL, Swiggy, Akzo Nobel and other stocks will be in focus today; here's why

Swiggy to sell Rapido shares worth ₹2,400 cr to MIH Investments, WestBridge

With the planned stake sale to MIH Investments and WestBridge, Swiggy is set to raise around ₹2,399 crore from its holdings in Rapido

Swiggy to sell stake in Rapido for ₹2,400 crore to Prosus, WestBridge

Swiggy will sell its entire 11.8 per cent stake in Rapido to Prosus and WestBridge Capital for Rs 2,400 crore, securing more than 2.5 times return on its 2022 investment

Swiggy needs $500 mn war chest for quick commerce battle: JM Financial

JM Financial downgraded Swiggy citing widening losses and balance sheet stress, warning the firm needs over $500 million to sustain Instamart against Blinkit's rapid expansion

Swiggy stock won't deliver 'meaningful returns' to investors, warns JM Fin

JM Financial has downgraded Swiggy's stock to 'Reduce' due to concerns about cash burn, slow dark store expansion for Instamart, and the need for a larger capital raise

Swiggy rolls out 'Toing' app in Pune amid rising food delivery rivalry

Swiggy has introduced a new standalone food delivery app, Toing, in Pune to cater to students and young professionals with affordable meals as competition in the sector intensifies

Amazon expands QCom to Mumbai: Is it a threat to Eternal, Swiggy?

Amazon has reported strong traction for 'Now', with 25 per cent M-o-M order growth in Bengaluru and Delhi, and a surge in Prime member shopping frequency, according to JM Financial

Instamart launches mega sale with up to 90% discounts, 10-min delivery

Swiggy's Instamart launches Quick India Movement 2025 sale from Sept 19 to 28, offering up to 90% discounts, 50,000 products and 10-minute deliveries for festive shoppers

Food delivery may get pricier as platforms hike fees, 18% GST adds burden

The hike in platform fees by Zomato, Swiggy and magicpin ahead of the festive season is set to make ordering food costlier for millions of users across the country, which is likely to rise further due to the 18 per cent GST levy on delivery charges from September 22. Swiggy has hiked its platform fee to Rs 15, inclusive of GST, in select markets. Rival Zomato has raised its platform fee to Rs 12.50 (excluding GST), whereas the third-largest food delivery player, magicpin, has also revised its platform fee to Rs 10 per order, in line with broader industry trends, making it expensive for food delivery consumers. Estimates suggest that the additional burden on account of 18 per cent GST to be levied on delivery charges from September 22 is expected to add roughly Rs 2 per order for Zomato users and Rs 2.6 for Swiggy customers. E-mail queries sent to Swiggy and Zomato by PTI seeking responses remained unanswered. A magicpin spokesperson told PTI that it has already been paying 18 per

Swiggy enters gifting market, unveils 'Giftables' ahead of festive season

Swiggy launches 'Giftables', a curated gifting service offering personalised gift options, delivered in under an hour, as quick-commerce firms race to expand offerings during the festive season

Motilal Oswal sees buffet of tailwinds; upgrades Swiggy, bullish on Eternal

The brokerage now values Swiggy at ₹560, capturing the inflection in food delivery growth and the path to improved economics in Instamart.

Amazon Fresh bets on regional foods, pilots faster delivery for festivals

Amazon Fresh is boosting regional foods and piloting ultra-fast deliveries with "Amazon Now" to capture festive demand, as competition with quick-commerce players intensifies

Zomato hikes platform fee from ₹10 to ₹12 ahead of festive season rush

Zomato, led by CEO Deepinder Goyal, first introduced the fee at ₹2 in August 2023 as part of a strategy to improve margins and move toward profitability

Persistent Systems CEO Sandeep Kalra tops India Inc remuneration charts

Remuneration of top brass grew 8.7% in FY25, outpacing firms' profits

Margin recovery crucial for Swiggy re-rating despite strong Q1 growth

Swiggy posted 54% Y-o-Y revenue growth in Q1 FY26 but losses widened; analysts say margin recovery will be key for further stock re-rating despite strong GOV momentum

Stocks to Watch, Aug 19: RIL, Tata Steel, Swiggy, Vedanta, Hindustan Zinc

Stocks to Watch, August 19, 2025: From RIL to Vedanta, here are a few stocks that will be eyed by investors and traders; check the full list

Swiggy partners with Bounce to roll out e-scooters for delivery fleet

Swiggy partners with Bounce to deploy e-scooters for delivery partners, starting in NCR and Bengaluru, to lower costs and reduce carbon footprint of last-mile deliveries

Swiggy hikes platform fee to ₹14 in select regions for festive season

Swiggy temporarily raises platform fee from Rs 12 to Rs 14 in select regions during the festive season to manage high demand, with the hike expected to be rolled back soon

MSCI August rejig: Swiggy, VMM, 2 others added to Global Standard Index

Nuvama Institutional Equities said that Vishal Mega Mart and Swiggy will top the inflows with $287 million and $285 million, respectively

Quick commerce firms tie up discounts, campaigns for Raksha Bandhan

From global diaspora orders to jeweller tie-ups, qcom players are pulling out all stops to meet last-minute Raksha Bandhan demand with offers, curated ranges, and campaigns