← Top stories
SWIGGY
Swiggy Limited · ₹264.85 −1.0% on 25 Sept · 1M −7.6% · 3M +10.9% · 9 stories in 60 days · 1 positive · 5 negative
Open the company tag: stories, tone, the tags it comes with →
Price and news
NSE daily close · markers = sessions where news first tradedPositive newsNegative newsNeutral
Movers & Shakers: Stocks that will see action this week
- Charts flag ICICI Lombard, Oberoi Realty and Swiggy for potential action this week
Why your ₹100 meal costs ₹250 online and how Rapido wants to change that
- Rapido launched food delivery app Ownly in Hyderabad, following a zero-commission model used in Bengaluru
- Food-delivery competition could pressure listed platforms such as Zomato and Swiggy
)
Rapido expands Ownly food delivery service to Hyderabad
- Ownly uses a zero-commission model, charging restaurants a subscription fee
- The service partners with more than 20,000 restaurants
- Ownly's expansion increases competition for India's listed food-delivery platforms Eternal and Swiggy
Quick-commerce sector shows signs of pricing discipline as discounting moderates: Jefferies
- Indian quick-commerce companies are moderating discounts and raising delivery minimums, Jefferies says
- Pricing discipline may improve unit economics for listed quick-commerce players such as Swiggy and Eternal
Nomura initiates Meesho at Reduce, sees 28% downside to ₹167
- Nomura set a ₹167 target, implying 28% downside; shares fell as much as 5% to ₹221
- Nomura said Meesho trades at a premium to Eternal and Swiggy despite their higher NMV growth
- A valuation warning pressures Meesho, while Eternal and Swiggy are cited as comparative peers
Amazon plans $3 billion investment in India quick commerce by 2030
- Amazon plans to invest $3 billion in quick commerce by 2030
- Amazon currently has a 6.2% market share, Mint reported
- More competition in quick commerce could pressure Eternal’s Blinkit and Swiggy’s growth and margins
FSSAI takes penal action against major e-commerce and quick-commerce platforms
- FSSAI cited food-safety violations and **misbranding** in action against major platforms
- Platforms named include Amazon and Swiggy Instamart
- Regulatory action raises compliance risks for quick-commerce operators including Swiggy