Swiggy in the Spotlight: HSBC’s Downgrade Fuels Doubts-Will Rivals Feast on Its Market Share?

Unknown Apr 02, 2026 750 Views

Swiggy Ltd. (SWIG.NS) stock fell under new pressure following HSBC reducing its target price to ₹350 from ₹385, citing increasing wariness about the firm's near-term prospects in India's high-stakes quick commerce and food delivery space. The action indicates that even market leaders are...