According to Rajan Shinde, Research Analyst at Mehta Equities, Swiggy’s market cap to sales ratio of 7.8x appears fairly valued compared to competitor Zomato.
Posts tagged BL
Swiggy IPO: Geojit assigns ‘subscribe’ rating; IPO gets lukewarm response (07-11-2024)
Geojit considers Swiggy’s strong brand recall, diversified offerings, integrated app, rapid scaling, consistent innovation, expansion of dark stores, and promising industry outlook.
Crude oil gains as market analyses Trump’s victory in US Presidential election (07-11-2024)
The Trump administration could stimulate economic growth in the US, which could help boost consumption demand in that country, say analysts
Indian markets open lower after Trump victory rally; IT stocks mixed (07-11-2024)
Apollo Hospitals and Tata Steel up more than 6%, followed by HCL Tech (0.66 per cent), Coal India (0.61 per cent), and TCS (0.46 per cent)
Trump’s win sparks surprise rally in Indian IT stocks (07-11-2024)
Swiggy IPO sees slow start amid US election buzz
ACME Solar Holdings IPO enters Day 2 with 0.52 subscription (07-11-2024)
Retail portion covered fully on Day 1
Swiggy IPO subscribed 0.12 times on Day 1 (07-11-2024)
Retail portion gets 0.54 time, employee by 0.74 times, QIBs yet to make bid
Niva Bupa Health IPO opens today at ₹70-74 price band (07-11-2024)
The insurance major mopped up Rs ₹990 crore from anchor investors. Investors can bid for a minimum of 200 equity shares and in multiples of 200 equity shares thereafter
Sagility India IPO closes today (07-11-2024)
While retail and employees have shown keen interest, QIBs and HNIs remain lukewarm
Stocks that will see action today: November 7 (07-11-2024)
Buzzing stocks: Bharti Airtel, Kalpataru, Wockhardt, IEX, Polycab, Innova Captab, KIMS, Sterling Tools, M&M, NHPC, SAIL, Ircon, Va Tech Wabag, Bajaj Electrical