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Food delivery and quick-service company Swiggy on Thursday reported a consolidated net loss of Rs 1,065 crore, higher than the loss of Rs 799 crore recorded in the year-ago period. The loss will be borne by the company’s owners.Operating income from operations stood at Rs 6,148 crore in Q3FY26, up 54% year-on-year (year-on-year) compared to […]
Swiggy has been attracting steady interest from major institutional investors, including Foreign Institutional Investors (FIIs) and Mutual Funds (MFs). When such institutions consistently increase their stake in a company, it often reflects strong confidence, as these investors typically commit capital only after detailed research. Retail investors often keep a close eye on these trends to […]
The council meeting of 23 September approved the sale of 10 shares and 163,990 preferred shares in Rapido to MIH Investments One BV (£ 1,968 crore) and 35,958 preference shares to Westbridge (£ 431.5 crore) | Photocredit: Reuters/Francis Mascarenhas Swiggy shares fell 1.78 percent to £ 441.20 on Wednesday afternoon trade, despite the company that […]
Although retail investors may have taken a fancy for both New Age shares, investment funds were seen that dump the older shares of soing Zomato, while they accumulated his rival Swiggy aggressive, even while the war residence intensifies and to get ahead to fresh highs while the other gets the other stockwakettes while the other […]
