Swiggy Faces First-Ever 'Sell' Rating Amid Market Share Concerns

Unknown Apr 02, 2026 650 Views

Swiggy Limited has received its first 'sell' rating since its listing in November 2024, as Ambit Capital raises concerns over the company's declining position in both food delivery and quick commerce services. The brokerage has set a target price of Rs 310 per share, implying a potent...