Risk factor
Strong & resilient to price shocks
Profitability factor
Favourable analyst view
About
Swiggy Limited operates Swiggy, a platform to browse, select, order, and pay for food delivery in India. The company operates through food delivery, quick commence, out-of-home consumption, supply chain and distribution, and platform innovation segments. It offers grocery and household items delivery services through Swiggy Instamart platform; restaurant reservation services through Dineout platform; and events bookings services through SteppinOut platform. The company also provides product pick-up and dropoff services through Genie platform and hyperlocal commerce services through Swiggy Minis platform. In addition, it engages in organizing and transporting goods, developing systems to manage transportation, and maintaining an online platform for connecting transports to avail transportation services. Swiggy Limited was incorporated in 2013 and is based in Bengaluru, India.
Company Valuation
Considering past and projected metrics, the stock is 'expensive' compared to its peers.
Target Price
The average target price of SWIGGY.NS is 362 and suggests 31.6% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to