Swiggy Shares Jump 5% After Kotak Initiates Coverage With ‘Buy’

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SUMMARY

Shares of the foodtech major Swiggy have soared above 5% at INR 458.50 apiece on the BSE intraday trading session today (February 3)

Kotak Institutional Equities initiated a ‘buy’ rating on the company’s stock and suggested a fair value (FV) of INR 500

The FV initiated by the brokerage indicates an upside of 14.8% from the previous session’s closing price

Shares of the foodtech major Swiggy have soared above 5% at INR 458.50 apiece on the BSE intraday trading session today (February 3).

This comes after…



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Swiggy Shares Jump 5% After Kotak Initiates Coverage With ‘Buy’


SUMMARY

Shares of the foodtech major Swiggy have soared above 5% at INR 458.50 apiece on the BSE intraday trading session today (February 3)

Kotak Institutional Equities initiated a ‘buy’ rating on the company’s stock and suggested a fair value (FV) of INR 500

The FV initiated by the brokerage indicates an upside of 14.8% from the previous session’s closing price

Shares of the foodtech major Swiggy have soared above 5% at INR 458.50 apiece on the BSE intraday trading session today (February 3).

This comes after…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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