Indian Stock Market and Mutual Funds

[t3chg33k]

Food-tech giant Swiggy saw its losses widen 8 percent to Rs 611 crore in Q1FY25 from Rs 564 crore a year ago on mounting expenses, the company’s updated draft red herring prospectus (DRHP) showed. more here

Does it matter? It will get oversubscribed and then overvalued like Zomato.

 

[sandeepsachin]

valuations aside, i wonder why did swiggy did not grab the opportunity of selling iphones like bigbasket and blinkit? The recent rally in zomato was partly spurred by this news alone.

 

[guest_999]

valuations aside, i wonder why did swiggy did not grab the opportunity of selling iphones like bigbasket and blinkit? The recent rally in zomato was partly spurred by this news alone.

Recent trends aside, zomato has started showing early signs of profitability which swiggy is still not able to show.