Archive · 24 Jun 2025
Swiggy Shares Rebound Amid Positive Brokerage Ratings
Swiggy's stock price has recently gone up.
Over the past month, the price has increased significantly, although it is still lower than it was at the start of the year.
Investment firms think the stock could go even higher, giving the company a 'buy' rating.
They predict the company will improve profits by 2027-2028.
Swiggy's quick commerce service also plays an important role in its potential future success.
Swiggy's shares increased by 21.79% in the last month.
Despite the rebound, the stock is still down 27.89% year-to-date.
Brokerages like IIFL Capital and BNP Paribas have initiated positive coverage.
IIFL Capital has a 'BUY' rating with a target price of Rs 535.
Both brokerages highlight the importance of Swiggy's QC segment.
- Who
- Swiggy
- What
- Swiggy's share price has rebounded.
- When
- Over the last month.
- Where
- N/A
- Why
- Due to positive coverage from brokerages.
Current Shareholders
Potential New Investors
Future Outlook
Current Shareholders
Benefit from the positive outlook and potential upside.
Potential New Investors
The actual performance may be affected by operational issues.
- Share Price Increase (1 month)
- 21.79%
- YTD Change
- -27.89%
- IIFL Capital Rating
- BUY
- IIFL Capital Target Price
- Rs 535
- IIFL Capital Expectation
- EBITDA & PAT by FY27 & FY28
- Swiggy FD Valuation (IIFL)
- $8.5 billion
- BNP Paribas Rating
- OUTPERFORM
- Swiggy QC Valuation (BNP)
- $1.8 billion
