CLSA, Swiggy

Swiggy Growth Headroom, Profitability Prompt 'Outperform' Rating From CLSA On Initiation
CLSA began coverage on Swiggy Ltd. with an 'outperform' rating and a target price of Rs 708 apiece, which implied 32% upside potential. CLSA believes Swiggy significant growth opportunity in both the food delivery and quick commerce space because of the large total addressable market.
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 report, the stock rose 5.6% to ₹567.80, showing strong investor interest.
Swiggy shares get their highest price target from CLSA who projects a 31% upside
CLSA expects India's quick-commerce industry to grow by 6x over financial year 2024-2027 and Swiggy is likely to be one of the largest beneficiaries of the same.
Swiggy Share Price Rallies 6% After CLSA Initiates Coverage With Outperform
Since its listing in early November, HSBC Global Research, Bernstein, HDFC Research, Macquarie, Nuvama and Motilal Oswal Financial Services started covering the stock.
CLSA initiates coverage on Swiggy with bullish outlook, sees 32% upside on growth potential
International brokerage CLSA was among the latest to initiate coverage on recently-listed food delivery player Swiggy Ltd. The brokerage issued a bullish 'outperform' call, seeing a target price of Rs 708 per share, indicating a whopping 32 percent upside from current levels.
Swiggy rises 5% after CLSA initiates coverage, sets target at Rs 708 apiece
The target price of Rs 708 per share implies a 31.7 per cent upside from the previous close of Rs 537.5 per share on BSE
Swiggy shares climb over 5% after CLSA initiates coverage with buy rating, sees TP at Rs 708
Swiggy's shares surged after CLSA initiated coverage with a Rs 708 target price, citing significant growth potential in food delivery and quick commerce. CLSA expects Swiggy's execution to improve, leading to accelerated growth and profitability.
Swiggy vs Zomato: CLSA says market too big, enough opportunity for recent stock debutant
The foreign brokerage said it expects Swiggy to lag Zomato in a few parameters, but added that the valuation discount is ...
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Newmont Corporation (NEM) Stock Sees Market Value Hit $47.23 billion: What Are the Implications?
Newmont Corporation (NEM) stock saw a decline, ending the day at $41.49 which represents a decrease of $-0.24 or -0.58% from the prior close of $41.73. The stock opened at $42.02 and touched a low of ...
Amazon pilots quick-commerce service in India
Amazon on Tuesday said it is piloting a quick commerce service in India that will see the U.S. tech giant delivering grocery ...
Multibagger power stock gets thumbs up from CLSA, gains for third session
The power sector stock climbed 4.71% to Rs 88.82 on Tuesday on BSE.  Market cap of the firm stood at Rs 88,255 crore.
Swiggy share price falls over 5% after one-month anchor lock-in period ends
Swiggy shares have seen a decent rally since listing and the stock is up more than 35% than its issue price. After today’s ...
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NHPC board to review ₹2,600 crore borrowing plan; CLSA sees 38% upside
NHPC’s board will meet on December 12 to review a ₹2,600 crore borrowing plan. Shares climbed 2.29% on CLSA’s 'Outperform' ...