Zomato QIP, Swiggy IPO to Reliance Industries: Where did mutual funds invest most in November?
November saw mutual funds allocate ₹26,400 crore to stocks, with Zomato and Swiggy leading investments. However, mutual funds ...
The Financial Express13h
Swiggy shares under pressure after lock-in period expires- Premium membership launch fails to lift investor sentiment
The recent dip in Swiggy’s stock also coincides with the end of its mandatory lock-in period on December 11, which freed up 6 ...
Social Samosa13h
Brand Saga: Swiggy's marketing trail to IPO
Swiggy’s journey from a food delivery app in 2014 to a 2024 IPO is a tale of growth, creativity, and connection. Swiggy is ...
India IPO share sales rise to record in 2024, growing about 3-fold from last year on upbeat investor appetite
Investors purchased a record ₹ 1,34,345 crore of shares in initial public offerings so far in 2024, as 76 companies including ...
Swiggy stock plunges 5% amid profit booking, anchor lock-in ends
Swiggy shares dropped 5% after a one-month lock-in for anchor investors ended. 6.5 crore shares became available for trading.
The Financial Express11h
Mobikwik IPO GMP rises over 17% in 6 days; issue subscribed over 11 times
Mobikwik IPO's GMP jumps over 17%, subscribed 11 times: Experts consider investing for long-term growth in the issue.
Swiggy vs Zomato: Why the current valuation difference cannot sustain
The Swiggy IPO brought into focus its slower growth compared to Zomato, with Q1 FY25 year-on-year (y-o-y) revenue growth of ...
MediaNama7d
Swiggy reports 17.1 Million active users, 230 Million orders in first earnings release post IPO
Swiggy also saw an increase in the number of orders on the platform by 16.52% going from 192 million in Q2FY24 to 230 million ...
Swiggy share price jumps 6% as CLSA initiates ‘outperform’ rating on the stock, sees 32% upside
CLSA has initiated an ’outperform’ rating on Swiggy stock with a target of ₹708, suggesting a 32% upside. Following the ...