MOFSL Target Signals 26% Upside in Swiggy
Analysts at Motilal Oswal Financial Services Ltd (MOFSL) have retained their 'Buy' rating on Swiggy, citing its transition into sustainable profitability.
- Sustainable profitability
- Improving unit economics in Instamart
- Rising order values in food delivery business
MOFSL has set a target price of Rs 550, indicating an upside potential of around 26% from current levels.
MOFSL bullish on Swiggy
Swiggy's market capitalisation stood at Rs 1,08,635 crore.
Author's summary: MOFSL sets target price for Swiggy at Rs 550.
More News
- Native Americans in Nevada renew push for Indigenous Peoples’ Day amid Columbus Day debate
- Paedophile Lostprophets singer Ian Watkins killed in prison knife attack
- 'Helicopters may soon be banned from cruise ships in Antarctica', warns Polar Latitude Expeditions boss
- Class Action Alleges Microsoft Choked AI Supply to Lift ChatGPT Costs - Decrypt
- Pacific Northwest seasonal farmworkers to earn less following Trump administration policy change
- NYT Connections Hints Today, October 14, 2025: See Today’s Word List And Helpful Clues | Herzindagi
- Sydney to Auckland Ocean Race Day 4 - Lucky claims line honours but race still on
- Wiregrass talent shines in Deep South’s oldest rivalry
- A Conference of Metamorphosis — Art+ Magazine