Swiggy shares saw a 6.7% rise to Rs 534.85 on the BSE following the company’s strong Q2 FY25 results. Revenue growth from food delivery and quick commerce contributed to the surge. Despite innovations like Bolt and Instamart, analysts suggest caution due to competitive risks from rivals like Zomato and Blinkit.
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- Swiggy shares climbed 6.7% on Wednesday after reporting solid Q2 results.
- The stock rose to Rs 534.85 on BSE, reflecting strong performance in food delivery and quick commerce.
- Analysts highlight innovations such as Bolt and Instamart as key contributors to growth.
- Motilal Oswal maintained a neutral rating, citing competitive pressures from Zomato and Blinkit.
- Despite growth, the company faces stiff competition in the food delivery market.
- Brokerages recommend caution due to market challenges and competitive risks.
- Swiggy’s strong Q2 performance showcases its resilience and ability to innovate.
- Analysts suggest a wait-and-watch approach before making any investment decisions.
- Investors should assess market dynamics and competitor performance before buying or holding shares.
- The company’s growth strategy and future developments will be key in determining its stock performance.




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