Risk factor
Good trading liquidity
Profitability factor
Greatly overvalued vs peers
About
Swiggy Limited operates Swiggy, a platform to browse, select, order, and pay for food delivery in India. The company also offers grocery and household items delivery services through Swiggy Instamart platform. In addition, it provides restaurant reservation services through Dineout platform; and events bookings services through SteppinOut platform; product pick-up/dropoff services through Genie platform; and hyperlocal commerce services through Swiggy Minis platform. The company was incorporated in 2013 and is based in Bengaluru, India.
Company Valuation
Considering past and projected metrics, the stock is distinctly 'expensive' compared to its peers.
Target Price
The average target price of SWIGGY.NS is 502 and suggests 90% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to in
